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Sunny_sXe [5.5K]
2 years ago
6

If a purchase agreement says to release earnest money after the inspection date, then the seller demands the money be release pr

ior to the inspection date.
What should the broker do?

a. refuse to release the earnest money
b. tell the buyer of the situation
c. release the earnest money
d. None of these
Business
1 answer:
meriva2 years ago
6 0

Refuse to release the earnest money

Explanation:

The broker shall act under the provisions of the purchase agreement. Without the formal approbation of the customer and distributor to allocate early the earned money, the broker has two options: not disclosing anything or "interplaying."

The broker may, however, request or the seller may insist on the offer being accompanied by a certain amount of money.  

This is particularly important when the closure is due several months after the contract is signed, but in most contracts of any length the condition remains.  In order to avoid breach of the contract by the buyer, the seller sees earnest money.

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Wichasha, an african country, exports barley and cotton worth $100 million to illema, a european country, and it imports sugarca
max2010maxim [7]

Answer: Balance of Trade

Explanation:

<em>Balance of trade</em> is the difference between the value of exports from a country and the value of imports into the country. When the value of exports is greater than imports, the balance of trade is positive and the country has a <em>trade surplus</em>. While, when the value of exports is less than the value of imports, the balance of trade is negative and the country has a <em>trade deficit</em>.

In this case,  Wichasha's exports is higher than the total value of its imports so, it has a trade surplus or positive balance of trade.

7 0
3 years ago
How do most companies pay the current liabilities incurred by day-to-day operations?.
elixir [45]

Current assets, or possessions used up within a year, are generally used to settle current liabilities.

<h3>Why do you use the term "current liabilities"?</h3>
  • Current liabilities are debts or commitments that fall due within a year or during the regular business cycle. Additionally, current obligations are paid off by using a current asset, either by generating a fresh current liability or by using cash.
  • In accounting, current liabilities are frequently interpreted as all debts owed by a company that must be paid in cash within the fiscal year or the operational cycle of that particular company, whichever is longer.
  • Current assets, or possessions used up within a year, are generally used to settle current liabilities. Accounts payable, short-term loans, dividends, and notes payable are a few examples of current liabilities, along with any outstanding income taxes.  

To learn more about Current assets refer to:

brainly.com/question/13188114

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6 0
1 year ago
Which of the following statements about the consumption component of GDP is not​ correct?
Assoli18 [71]

Answer:

D. Spending on services is smaller than the amount of consumption spending on durable and nondurable goods.

Explanation:

For developed countries like the U.S, there is a lot of stress in consumption of services such as good health care, appropriate and quality education and among others. These services contribute to a larger proportion of consumption component of GDP than both durable and nondurable commodities. Therefore, the statement “spending on services is smaller than the amount of consumption spending on durable and non-durable goods” is not correct

3 0
3 years ago
20 points, 1 question , some reading
kow [346]

my insta dfl.jacob i can help you

3 0
3 years ago
Shrawan I : Buiness started with cash Rs 7000​
Bas_tet [7]
<h3>Answer:</h3>

Cash A/C Dr

To capital A/C

<h3>Explanation:</h3>

7 0
3 years ago
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