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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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At December 31 year-end, Crain Corporation has an S8400 note receivable from a customer. Interest of 10% has accrued for 10 mont
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Answer:

A) The balance sheet will report the note receivable of $8,400

Explanation:

Notes receivables and promissory notes are part of the Notes Receivables account, which is an asset account in the balance sheet. They are recorded as follows:

  • Dr Notes Receivable account 8,400
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Both accounts are asset accounts, but notes receivable is replacing accounts receivable. Therefore since notes receivable is increasing, it should be debited, and since accounts receivable is decreasing, it should be credited.

You don't record any interest, only after the interest is paid, you should record it as interest revenue.

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3 years ago
Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is a(n) _____ who has a duty to act
vlabodo [156]
The answer is fiduciary
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drafting the blueprints for the hospital

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3 years ago
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What is the theory that tax cuts can raise supply called
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The theory that tax cuts can raise supply is called "supply side economics" or "trickle down economics." These policies were strongly supported by the Reagan Administration in the United States during the 1980s in the hopes of promoting economic growth. The theory functions that the cutting of taxes will help to promote economic growth and development. 
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Carlos Ramirez and Camila Garza organized New World Book Store as a corporation; each contributed $70,900 cash to start the busi
kvasek [131]

Answer:

Net Income = $28,070

Explanation:

As for the provided details:

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Cash = $70,050

Accounts Receivables = $40,000

Inventory = $77,000

Total Assets = $187,050

Accounts Payable = $13,600

Note Payable = $3,400

Interest payable = $180

Total Liabilities = $17,180

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Total Stockholder's Equity = $169,870

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Thus, Net Income = $28,070

5 0
4 years ago
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