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
Helen [10]
3 years ago
11

Broker Ron wants to open a separate escrow account for each transaction he is involved in. Is this legal?

Business
1 answer:
podryga [215]3 years ago
8 0

Answer:

Yes, there is no legal limit on the number of escrow accounts a broker can have.

Explanation:

A broker transaction facilitates sale between a buyer and a seller.

The broker states a price for the buyer that is an addition of the seller's price and his commission.

An escrow account is one that recieves the buyer's money and notifies seller to transfer goods to the buyer. Once reciept of the goods has been confirmed by the buyer, seller's money is released to him and broker commission paid to him.

There is no legal limit to the number of escrow accounts a broker can have. So Ron can open seperate escrow accounts for each transaction he is doing.

You might be interested in
To create a balanced budget, one must make sure to.
Doss [256]

Answer:

list the price o wants

Explanation:

3 0
3 years ago
Sending special offers to customers who have opted in to receive discounts via SMS text message or advertising a brand on a popu
grigory [225]

Answer: Marketing

Explanation:

Mobile Marketing is probably the fastest growing method of marketing in the world today as the world sees more people using smartphones every year than the year before.

Mobile Marketing involves methods that target the mobile phone of a user so that they may have extended exposure to the advert. They can include sending special offers to customers who have opted in to receive discounts via SMS text message.

They can also involve advertising on apps like Angry Birds and media apps. This is why some apps are free because the developers earn revenue from mobile advertising.

3 0
3 years ago
The Internet was created by university computer science departments.
Yuliya22 [10]
Your answer is False.
3 0
3 years ago
In 2008, Upper Crust had cash flows from investing activities of ($250,000) and cash flows from financing activities of ($150,00
soldier1979 [14.2K]

Answer:

$415,000

Explanation:

The movement between the opening and closing cash balances is as a result of the net cash flows from the operating, investing and financing activities. This are the basic elements of a cash flow statement.

Let the cash flow from operations for 2008 be T

$90,000 + T - $250,000 - $150,000 = $105,000

T = $105,000 + $250,000 + $150,000 - $90,000

T = $415,000

Upper Crust's cash flow from operations for 2008 is $415,000

3 0
4 years ago
In this case, the principal (the home buyer, Jones) had signed two exclusive agency agreements with two separate realtors (agent
vlada-n [284]

Answer:

A) Perhaps, if a court felt that the first realtor (Burt) had extended considerable time, effort, and expense in helping the home buyer.

Explanation:

Since Jones signed an exclusive agency agreement with Burt also, then he is liable to both realtors, not only Woolston. If Jones had only paid Woolston, then Burt could have sued Jones for damages equivalent to the sales commission just like Woolston did. Whenever you sign a contract, you are responsible for performing your part.

The only argument that Jones could use in his favor would be that Burt didn't do his job, so both would have breached the contract.

8 0
3 years ago
Other questions:
  • Walther hesse and ________ pioneered the use of agar as a solidifying agent.
    15·2 answers
  • Heather's interest and gains on investments for the current year are as follows:Interest on Madison County school bonds $600Inte
    11·1 answer
  • Which of the following statements about credit scores is TRUE?
    7·2 answers
  • Zhao Co. has fixed costs of $354,000. Its single product sells for $175 per unit, and variable costs are $116 per unit. The comp
    13·1 answer
  • Minimizing Costs For its beef stew, Betty Moore Company uses aluminum containers that have the form of right circular cylinders.
    6·2 answers
  • An automotive​ manufacturer, Aminus−2 ​Auto, provides maintenance services to Mako. In​ exchange, Aminus−2 Auto received 500500
    5·1 answer
  • The Abner Corporation, a retail seller of television sets, wants to determine how many television sets it must sell to earn a pr
    9·1 answer
  • The following information applies to the questions displayed below.
    10·1 answer
  • Which resources does the us department of labor provide or sponsor? check all that apply. a state’s department of education sear
    15·2 answers
  • During the deep recessions of the early 1980s and of 2007-2009, unemployment reached roughly __________.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!