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BARSIC [14]
3 years ago
8

An agent does not like another broker and refuses to present his offers. The agent's employing broker notices he does a good job

and sells his listing quickly. They agree that he does not need any supervision or training. He is independent. This is:
Ok because the broker doesn't like the other broker either
Not ok and both broker and agent can be in trouble for lack of supervision
The agent could get in trouble, but not the employing broker unless the broker put his views in writing.
Ok because he is selling his listings quickly
Business
1 answer:
Ivan3 years ago
6 0

Answer:

Not ok and both broker and agent can be in trouble for lack of supervision

Explanation:

Based on the information provided within the question it can be said that this situation is not ok and both broker and agent can be in trouble for lack of supervision . This is because the agent and the employing broker are obligated to put the client's interests first and have no authority to withhold any offers from the client. That being said the employing broker also has the responsibility of supervising the employees and making sure that personal views do not affect the business decisions.

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An estimated demand curve does not necessarily match actual data perfectly because A. it is not possible to accurately calculate
LekaFEV [45]

Answer:

C. some factors that are not measured or observed may affect the curve.

Explanation:

a lot of unforeseen circumstances might occur. these occurrences would not be measured in the estimated demand curve. this would lead to the estimated demand curve not matching the actual demand curve.

for example, the factors affecting the demand for bread are ; price, income, price of a substitutes. these are included in estimating the demand curve for bread. Assume that a study comes out stating that bread is harmful to the health.this reduces the demand for bread. this study wasn't anticipated and included in estimating the demand curve. as a result, the actual data would differ from the estimated data  

5 0
3 years ago
Wolverine, Inc. began operations on January 1 of the current year with a $12,400 cash balance. 45% of sales are collected in the
steposvetlana [31]

Answer:

$7,700 increase

Explanation:

We can determine the change in Wolverine's cash balance by deducting the cash disbursement and operating expenses from the cash receipts.\

Change in cash balance = Cash receipts - Cash disbursement - Operating expense

Change in cash balance = $48,000 - $33,800 -$6,500

Change in cash balance = $7,700

WORKING:

<u>Cash Receipts</u>

Sales

February ( 59,000 x 45%)            $26,550

January ( 39,000 x 55%)              $21,450  

Total                                               $48,000

<u>Cash disbursement</u>

Purchases

February ( 44,000 x 15%)            $6,600

January ( 32,000 x 85%)             $27,200  

Total                                              $33,800

<u>Operating expenses </u>

Incurred                                        $9,400

Depreciation                                ($2,900)

Net                                                 $6,500

7 0
3 years ago
The increases and decreases caused by business trasactions are recorded in specific accounts. tru or false
Likurg_2 [28]
The answer is true.
8 0
3 years ago
Victor Rumsfeld Inc.'s dividend policy is under review by its board. Its projected capital budget is $2,000,000, its target capi
melomori [17]

Answer:

The multiple choices are

a.  $240,000

b. $228,000

c. $216,600

d.$205,770

e. $0

The correct option is E,$0

Explanation:

The funding required from equity is 40% of the projected capital budget of $2000,000 which is expected to be from the profit attributable to stockholders since new issue of shares is not contemplated.

In other words, dividends payable to shareholders is the net income less their counter funding of the project which is computed below:

residual dividends=net income-(equity%*capital outlay)

residual dividends=$300,000-(40%*$2000,000)

                               =$300,000-$800,000=$0

In essence the $300,000 is not even enough as funds expected from equity less alone paying excess as dividend

3 0
3 years ago
Artists often use ____________ to create small and intimate works because the paints are easy to carry and only require a glass
Mazyrski [523]
Artists often use WATERCOLORS to create small and intimate works because the paints are easy to carry and only requires a glass of water. Watercolor is made up of pigment in a vehicle of water and gum Arabic, which is a sticky plant substance that acts as the binder. The most common support for watercolor is paper. Watercolors could readily be taken on outdoor sketching expeditions and are particularly preferred by amateur artists.<span />
4 0
3 years ago
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