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Maru [420]
3 years ago
15

At an open house the listing agent begins giving advice to a prospective buyer regarding how much to offer for the house, withou

t explaining that she is a representative of the sellers. Which of the following statements is NOT true?
a. the agent is not acting in accordance with her agency status
b. the agent is acting as an undisclosed dual agent
c. the agent has breached fiduciary duties to both parties
d. the agent has not violated any duties, because she is not performing real estate services for the buyers
Business
1 answer:
lukranit [14]3 years ago
5 0

Answer:

d. The agent has not violated any duties, because she is not performing real estate services for the buyers

Explanation:

Here, at the open house, the agent, without proper introduction and without explaining that she represents the seller, started giving advice to a prospective buyer regarding the amount to offer for the house. By offering advice to the buyer and not disclosing who she represents, the agent is now acting as an undisclosed dual agent, also she has breached the loyalty duties to both parties. The agent is also not acting in accordance with her agency status.

Therefore the incorrect option is option D.) The agent has not violated any duties, because she is not performing real estate services for the buyers

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Answer:

Present Value= $918,787.32

Explanation:

Giving the following information:

You just inherited a trust that will pay you $100,000 per year in perpetuity.

The first payment will not occur for exactly four more years.

Interest rate= 8%

First, we need to determine the value of the perpetual annuity in 4 years. Then, we calculate the value today.

Present value in four years:

PV= Cf/i

Cf= cash flow

PV= 100,000/0.08= $1,250,000

Now, using the following formula, we calculate the value today.

PV= FV/(1+i)^n

PV= 1,250,000/1.08^4

PV= $918,787.32

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Answer:

Correct option is A.

Explanation:

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Brand loyalty is defined as positive feelings towards a brand and dedication to purchase the same product or service repeatedly now and in the future from the same brand, regardless of a competitor's actions or changes in the environment.

Same is the case with Laurie, even she had a bad experience at the dealership even then she decide to buy a Pluto Y20 for her daughter.

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