1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alukav5142 [94]
3 years ago
10

A broker represents a seller but is currently working with a buyer to find a home. Assuming that no statute has replaced the tra

ditional common law of agency, which of these correctly identifies the parties in this relationship?
Business
1 answer:
Alchen [17]3 years ago
4 0

Answer:

A). The broker is the seller's agent; the buyer is the broker's customer.

Explanation:

The first statement most aptly identifies the two different parties in this given relationship. The broker is the seller's agent as he would represent him and assist him in listing his properties for sale as per the terms set by him. This would help the seller in receiving the best price for his property and also in ensuring all the legal requirements to be met in time. The buyer is the broker's customer as he assists him in providing a variety of housing options to choose from according to his needs and requirements. Thus, the broker is representing both the buyer and the seller distinctively. Hence, <u>option A</u> is the correct answer.

You might be interested in
Description of the the target market is formed in the___ part of the business plan
Alexandra [31]

Answer:

Market analysis

Explanation:

A business plan is a document that shows the goals of a business and details the roadmap to achieve them. It has several sections, with each giving specific information about the business.

The market analysis part talks about the target clients. The sections give detailed data on the industry, including competitors, market performance, and prevailing trends. It describes customers in the target industry.

5 0
3 years ago
A broker-dealer and its agent are registered in State A. The agent tells a customer in State A that he is prohibited from making
OlgaM077 [116]

Answer:

There is a violation of Uniform State Law because the agent has made an offer to sell an unregistered non-exempt security in that State

Explanation:

The Uniform State Securities Law is also called blue sky law, and they are put in place at the State level to prevent fraud and to enforce security regulation.

This law was set up to handle investments that do not occur at the federal level. These are out of the purview of the SEC so states handle them.

In the given scenario the agent is trying to make a non exempt security exempt by buying it from the client.

This is an attempt to sell the securities to investors through fraudulent means and it is a violation of Uniform State Law

8 0
3 years ago
DLW, Inc just started its business. DLW purchased factory equipment for $800,000 on January 1. It is estimated that the equipmen
igor_vitrenko [27]

Answer:

Annual depreciation= $77,000

Explanation:

Giving the following information:

Purchase price= $800,000

Salvage value= $30,000

Useful life= 10 year

Under the straight-line method of depreciation, the depreciation expense is constant along the useful life.

We need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (800,000 - 30,000)/10

Annual depreciation= $77,000

6 0
3 years ago
Can someone help it’s for a quiz
Vaselesa [24]
2/3 your are Welcome ask
4 0
3 years ago
Carla Vista Electronics reported the following information at its annual meetings: The company had cash and marketable securitie
adell [148]

Answer:

$6,718,553

Explanation:

Working capital is the net of current assets (Inventory, account receivables, Cash etc) and current liabilities (Accounts payable, short term notes payable etc).

It is a financial measure that gives insight into how liquid a company is. .

As such, the company's working capital

= $1,235,455 - $4,159,357 + $7,184,800 + $3,472,300 - $1,136,100 + $121,455

( the signs are positive for assets and negative for liabilities)

= $6,718,553

6 0
3 years ago
Other questions:
  • Sonja is a barista. Her manager has been hearing reports that Sonja's lattes taste like the milk is burned. Her manager talks to
    14·1 answer
  •  Stan works on an assembly line. What effective and appropriate approach would he be wise to use when coping with minor frustrat
    5·1 answer
  • The managers at Speed Automobile Inc. want to diversify the business by acquiring a consumer electronics company. This acquisiti
    14·1 answer
  • What is elaborative encoding?
    11·1 answer
  • On January 15, 2021, Vancey Company paid property taxes on its factory building for the calendar year 2021 in the amount of $1,0
    12·1 answer
  • For 2016, Gourmet Kitchen Products reported $22 million of sales and $19 million of operating costs (including depreciation). Th
    9·1 answer
  • In accordance with 1926.21(b)(2), the employer is required to instruct each employee in the _______________ of unsafe conditions
    14·1 answer
  • Balls and Bats, Inc. purchased equipment on January 1, 2005, at a cost of $100,000. The estimated useful life is 4 years with a
    10·1 answer
  • 23. Maria, a new employee, noticed that her supervisor, Jasmine, approved an expense report submitted by a co-worker that result
    6·1 answer
  • A company purchased new equipment for $45,000. The company paid cash for the equipment. Other costs associated with the equipmen
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!