Beverly, a real estate licensee is taking up the role of a transactional broker by not representing either party to a specific real estate transaction.
<h3>Who is a transactional broker?</h3>
A transaction broker is the one that provide third-party real estate services various buyers and sellers in exchange for a comission.
Here, transactional broker is a neutral person to parties in a real estate transaction.
Hence, Beverly, a real estate licensee is taking up the role of a transactional broker by not representing either party to a specific real estate transaction.
Learn more about transactional broker here : brainly.com/question/26052661
Answer:
Answer is option C i.e. Members are linked by their work in a particular industry.
Explanation:
An industrial union is a type of trade union where the members are workers from the same industry regardless of the skills they possess. This union comprises all the skilled as well as unskilled workers who belong to the same industry, say the Cotton industry.
Answer:
Exposure factor=20%
Explanation:
Exposure factor is percentage value of an asset that can potentially by lost if a particular risk is realized. Most risk managers use the exposure factor to determine if the purchase of certain property usually equipment or machinery is worth it. It can be thought of as comparing the value one would lose if a certain risk is attained to the original value of the property. For example in case the risk is realized and the value of the property is completely lost, the exposure factor would be 1.
It is calculated by taking the value of the property lost over the original value then converted to a percentage. This can be expressed as shown;
E.F=(Vl/Vo)×100
where;
E.F=exposure factor
Vl=value lost in case of the scenario
Vo=original value
In our case;
E.F=unknown
Vl=$2 million
Vo=$10 million
This can also be written as;
Exposure factor=(value lost/original value)×100
Replacing;
E.F=(2/10)×100=20%
The exposure factor=20%
Answer:
IV
YES
Explanation:
Accounting profit= total revenue - explicit cost
Total revenue =price x quantity sold
Explicit cost includes the amount expended in running the business.
They include rent , salary and cost of raw materials
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
economic profit includes the opportunity cost of funds
In some industries, only normal profit is earned in the short run. For example, in a perfect competition and monopolistic competition, only normal profit is earned in the long run due to free entry and exit of firms in the industry. thus if only normal profit would be earned, the company should still go ahead and establish
Answer:
A. Strategic Alliance
Explanation:
Strategic Alliance is business relationship that exists between two or more organizations in which they agreed to achieve some business or organizational goals and objectives together while they still maintain their independence.
Advantages of strategic alliance includes:
1.It aids new market entry.
2.It helps to improve and develop product line.
3.It gives competitive advantage.
Types of Strategic Alliance.
Joint ventures and equity alliance.