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enyata [817]
3 years ago
7

A salesperson shows his broker an offer for one of his listings that has a good faith deposit in the form of a promissory note.

The broker should tell the salesperson that: Group of answer choices
Business
1 answer:
12345 [234]3 years ago
8 0

Answer:

The seller must be informed when the offer is presented that the depositis a promissory note

Explanation:

A good faith deposit is one that is done by a buyer in which conditions are stated that could result in the loss of deposit by the buyer.

It is a deposit made by the buyer to show he intends to complete the payment later.

In this instance if there is a Goodwill deposit in form of a promissory note, the broker needs to be aware.

So that when he is bringing in a client he will consider the already existing deposit.

Deals that offer more deposit or full payment will be considered and the original buyer discarded.

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One of the most common mistakes new business owners make is
poizon [28]
Not knowing there market or customer's needs.
8 0
3 years ago
BDJ Co. wants to issue new 19-year bonds for some much-needed expansion projects. The company currently has 10.3 percent coupon
defon

Answer:

The coupon rate is 10.3%

Explanation:

The interest to set on the bond in order to sell them at par can be computed using rate formula in excel:

=rate(nper,pmt,pv,fv)

nper is the number of times the bond would pay interest over its time to maturity which is 19*2=38

pmt is the interest payment semi-annually at $1000*10.3%/2=$51.5

pv is the price of the bond which is the par value of $1000

fv is the value at redemption which is also $1000

=rate(38,51.5,-1000,1000)

rate=5.15%

this is the semi-annual rate ,the yearly yield to maturity is 5.15%*2=10.30%

When a bond sells at par the yield to maturity is the same as the coupon rate

5 0
3 years ago
During which of the following Project Schedule Management processes does the team estimate the number of work periods that will
lyudmila [28]

Answer:

Work Breakdown Structures

Explanation:

A Work Breakdown Structure is the process of breaking down the work into smaller, more manageable components. The elements at the lowest level of the Work Breakdown Structures are called tasks.

Furthermore, A work-breakdown structure in project management and systems engineering, <u>is a deliverable-oriented breakdown of a project into smaller components.</u> A work breakdown structure is a key project deliverable that <u>organizes the team's work into manageable sections.</u>

Hence, the estimate the number of work periods that will be required to complete a schedule activity, usually expressed as workdays or work weeks, will be in a work breakdown structure.

3 0
3 years ago
Ryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in hi
kondaur [170]

Ryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in his store can simplify buyers' purchase decisions. He should also consider that, compared to other IMC alternatives, personal selling is

A) ineffective.

B) overrated.

c) easy.

D) simple.

E) expensive.

Answer:

A) ineffective

Explanation:

Personal selling has to do with marketing that is done by a salesman from the sale of a product/service from the manufacturer to the consumer.

The seller or salesman tries to promote his product through their attitude, appearance, manners and expert knowledge, They try to encourage the customer to buy the product, or at the very least, try the product.

IMC means Integrated Marketing Communications which makes sure that all forms of communications and messages regarding marketing and sales are carefully linked together.

Compared to IMC alternatives, personal selling is ineffective.

8 0
4 years ago
If nominal GDP rises we can say that A. production has risen or prices have risen or both have risen. B. prices have risen and p
Svet_ta [14]

Answer:

All the options are possible:

  • A. production has risen or prices have risen or both have risen.
  • B. prices have risen and production remains constant.
  • C. production has risen and prices remain constant.
  • D. production has fallen and prices have risen.

Explanation:

Nominal gross domestic product (GDP) represents the market value of all the new and legal goods and services produced within a country during a given period of time (generally a year). Since it is not adjusted to inflation (real GDP is), an increase in nominal GDP may result from higher inflation or higher production, or a combination of both. Only if adjusted to inflation (real GDP) we can know if the increase resulted from higher production.

4 0
3 years ago
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