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AVprozaik [17]
3 years ago
13

If an employing broker (AKA sponsoring broker) moves his place of business without advising the Real Estate Commission:

Business
1 answer:
Julli [10]3 years ago
5 0

Answer:

His license and all associate brokers working for him are inactivated

Any licensee who does not notify the Commission of an address change will have their license inactivated. When the licensee is also the mama or poppa bear of the office (the employing or sponsoring broker) the penalty goes up. Since an employing broker with an inactive license cannot have licensees reporting to him/her AND a licensee who is not independent cannot have an active licensee without reporting to an employing broker - the effect is catastrophic. Everybody's license in the office is inactive

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Money to pay current expenses for a municipal revenue bond would normally be placed in which of the following funds? (A) Conting
Zanzabum

Answer:

D) Sinking fund

Explanation:

A sinking fund is an account established to be used in the settling of debts. The corporate or institution that creates a sinking fund deposits money regularly as a way of saving it for future debt payments. A sinking fund, is in away a savings account that accumulates funds for repaying large and future debts.

Municipal authorities use sinking funds to pay their bond expenses when they mature. The municipal contributes funds in the years leading to the bond's maturity. Sinking funds gives confidence to investors that the municipal will not default on its payments.

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2 years ago
Variable and Absorption Costing-Service Company Jensen's Tailoring provides custom tailoring services. After the company's first
loris [4]

Answer:

124

Explanation:

Yes

5 0
3 years ago
A gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the _____ principle
Volgvan

The principle that's illustrated by the gas tax is known as the benefit received principle.

<h3>What's a tax?</h3>

It should be noted that a tax is a compulsory payment that generate revenue to the government.

In this case, a gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the benefits received principle.

Learn more about tax on:

brainly.com/question/25783927

8 0
2 years ago
If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers.
CaHeK987 [17]

Answer:

The correct answer is c. poorly performing firms.

Explanation:

Corporate governance is the set of rules, principles and procedures that regulate the structure and operation of the governing bodies of a company. Specifically, it establishes the relationships between the board of directors, the board of directors, the shareholders and the rest of the interested parties, and stipulates the rules governing the decision-making process on the company for the generation of value.

In recent years, and more specifically following the onset of the financial crisis, the international community has understood the importance of listed companies being managed in an adequate and transparent manner. The good governance of companies is the basis for the functioning of markets, as it favors credibility, stability and contributes to boosting growth and wealth generation.

The weakness shown by corporate governments of large organizations in the past has multiplied the demands for transparency, truthfulness, good practices and responsible business behavior on the part of investors, consumers and society in general, which not only pay attention anymore. to financial indicators, but they also want to know how those results have been achieved.

4 0
3 years ago
Brief Exercise 12-1 Barbara Ripley and Fred Nichols decide to organize the ALL-Star partnership. Ripley invests $27,000 cash, an
Marysya12 [62]

Answer:

The journal entry is as follows:

Cash A/c Dr. $18,000

Equipment (Fair value) A/c Dr. $9,000

           To N's  capital                            $27,000

(To record the investment bought by Nichols)

Workings:

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Equipment's Book value = $6,300

Fair value of equipment = $9000

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8 0
3 years ago
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