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
Marianna [84]
3 years ago
13

Tina is a real estate broker who has been asked to sell a property by a client. The property is exactly what she has wanted for

herself. She knows the seller is unaware of the value of the property and is relying on her to make the best decision. She knows if she markets it aggressively, she can get several thousand dollars more for the property than the seller is asking. Tina talks to her son and asks him to buy the property in his name, with her funds, and to transfer the property to her after the transaction is completed. She contacts her client and tells him she has a buyer ready who is offering to purchase the property for a thousand dollars over the listing price. The seller agrees to the sale unaware of the other issues involved.
Which of the following best describes Tina’s actions?

a. Tina has knowingly engaged in a conflict of interest.
b. Tina helped her client enter a transaction in which everyone benefitted.
c. Tina has sacrificed a thousand dollars more than she needed to pay for the property.
d. Tina has no ethical issues because the seller received more money in the transaction than the listing price.
Business
1 answer:
Delvig [45]3 years ago
3 0

Tina is a real estate broker who has been asked to sell a property by a client. The property is exactly what she has wanted for herself. She knows the seller is unaware of the value of the property and is relying on her to make the best decision. She knows if she markets it aggressively, she can get several thousand dollars more for the property than the seller is asking. Tina talks to her son and asks him to buy the property in his name, with her funds, and to transfer the property to her after the transaction is completed. She contacts her client and tells him she has a buyer ready who is offering to purchase the property for a thousand dollars over the listing price. The seller agrees to the sale unaware of the other issues involved-<u>The statement that best describes Tina's action is -Tina has knowingly engaged in a conflict of interest.</u>

<u></u>

Explanation:

A conflict of interest refers to a situation in which the the individual is benefiting personally from her position and is not thinking about the interest of the other party involved.

In the above question Tina who is a real estate agent is taking advantage of her position to gain personal benefit by buying the property of her client through her son and the party involve is unaware of the intention of tina

<u>So it is appropriate to say that Tina has knowingly engaged in a conflict of interest.</u>

You might be interested in
Although people with high incomes appear to be happier than those with low incomes, people in the United States in general have
IrinaK [193]

Answer:

Real GDP is not the direct indication of happiness, because happiness is dependent on a number of other factors, which when combined can result in a happy life.

Explanation:

Real GDP is defined as the measure of the value of the output of the economy, in the macroeconomics, which reflects the money value of all goods and services produced in a given year. Here the output of the economy is also adjusted for the changes in prices occurring in the year.

According the referred application 3 of the book, it is true that the people of United States have become less happy despite the real GDP rise over the last 30 years. This is because the growth of real GDP is not able to cope up simultaneously with the increased workplace stress, jeopardized married life, traffic congestion, health problems and deterioration of environment.

In conclusion, it can be stated that Money does play an important role in increasing the happiness. However the factor alone is not able to cope up with all the problems and this is true only when all the other factors such as a conducive working environment, happy married life, healthy life are also accompanying more money.

7 0
3 years ago
Read 2 more answers
In a leveraged buyout, the managers of a firm, its employees, or other investors: obtain the assets of the company through bankr
erik [133]

Answer:

borrow funds to buy out the firm's stockholders. 

Explanation:

A leveraged buyout is when the managers of a firm, its employees, or other investors use debts or borrowed finds to acquire a company.

I hope my answer helps you

4 0
3 years ago
You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and
Lostsunrise [7]

Answer:

The president realizes that you are acting as a <u>mentor</u> to junior employees.

Explanation:

Mentors are very experienced people that provide advice to less experienced peers to help them reach their full potential, make wise decisions and advance in their careers. They become role models to others as they have experienced success in their fields.

A <em>good mentor</em> is characterized by their leadership, knowledge and willingness to help others in their professional development. They are able to effectively transmit their expertise and provide feedback to others on how they can improve.

8 0
3 years ago
Match the job role with the job title. (More than three answers)
Dmitry_Shevchenko [17]

Explanation:

Internal Revenue Investigator:

The responsibility of Internal Revenue investigator is that to collect the taxes from people as well from corporation on time so that the Government can deliver service to the people.

Roles:

1.  Review financial records of large businesses and corporations.

2. Review tax documents and returns for errors and inaccuracies

Federal Aid Coordinator:

To help the financial needy and to appreciate the merit student, Federal Aid coordinator will evaluate and find the candidates / students accordingly.

Roles:

1. Evaluate students applications for financial aid

2. Review policies and grant funds to students in need

3. Paralegal:

He/ She is the person who is assisting the lawyer in terms researching about the crime that has happened. In simple term we can call that as investigation.

Roles:

1. Gather evidence and prepare for court

2. Conduct research that is pertinent to a criminal case.

3 0
3 years ago
You have $1200 to invest in a bank account with an interest rate of 5.5%, compounded monthly. After how many years will your acc
nekit [7.7K]
Sick my ppgghf was fever gmyhrr the centnulPimi I’m
8 0
2 years ago
Other questions:
  • Gordon Corporation produces 1,000 units of a part per year which are used in the assembly of one of its products. The unit cost
    9·1 answer
  • Dean brings up the ambiguity branch managers at First National Bank face. He believes senior leadership needs to make the manage
    9·1 answer
  • When customers purchase cable​ tv, the vendor usually uses what form of pricing by offering the buyer his choice of three differ
    12·1 answer
  • Elain's Inflatables earns service revenue by providing party planning services and inflatable playscapes. Elaine?'s Inflatables
    13·1 answer
  • Which of the following statements is correct?
    12·1 answer
  • What's the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever? (Round your answer to
    5·1 answer
  • What is a major benefit sales people offer to their businesses?
    15·1 answer
  • Clothing retailer Lululemon often has displays in their front window that try to raise awareness on specific issues such as the
    14·1 answer
  • HELPPP PLEASE !
    13·1 answer
  • Which of the following is a potential disadvantage when considering long-term loans as an option for raising capital?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!