Answer: $185,500
Explanation:
Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed
= $362,000 - $46,400 + $42,000 + $30,000
= $387,600
Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance
= $200,000 - $38,600 + $28,100 + $2,700 + $9,900
= $202,100
Ending cash balance = Total cash received - Total cash disbursement
= $387,600 - $202,100
= $185,500
Answer:This violates no federal law
Explanation:
Federal laws are bills that have passed both houses of Congress, been signed by the president, passed over the president's veto, or allowed to become law without the president's signature. Individual laws, also called acts, are arranged by subject in the United States Code.
Correct/Complete Question:
The physical condition of the land and improvements being purchased are NOT guaranteed by either sellers or broker, except as specifically set forth in the purchase agreement. For this reason, brokers require their salespeople to powerfully advise all buyers:
A. of their right to have a personal and professional inspection of the property they are purchasing.
B. purchase errors and omissions insurance for the buyer.
C. to spend at least one night in the house before purchasing.
D. Sign the "safe harbor provision."
Answer:
A. of their right to have a personal and professional inspection of the property they are purchasing.
Explanation:
In the sale of property, either land or house, it is important for salespersons to strongly let buyers know that they have the right to personally and professionally have the property inspected.
This is to avoid a situation where the buyer pays for the property then comes back to say something or some part of the property isn't what it is.
So by inspecting the property personally and professionally, the broker and salesperson are absolved of any issue that might arise from inspection.
Cheers.
The right answer for the question that is being asked and shown above is that: "<span>C. You have the security of following in someone else's footsteps."
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The right answer for the question that is being asked and shown above is that: "D. something that comes along once in a lifetime."
