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Leona [35]
3 years ago
6

Ted and Lisa are selling their home and have signed a listing agreement. Client or customer? Steven visits Ted and Lisa's open h

ouse, and he is interested in purchasing their home. What happens next? Is Steven a client or customer?
Business
1 answer:
Gemiola [76]3 years ago
3 0

Answer: D. . Ted and Lisa are clients, and Steven is a customer. The listing agent must disclose to Steven that he/she represents Ted and Lisa and explain customer relationships.

Explanation:

The options to the question are:

A. Ted and Lisa are customers, and Steven is a client. The listing agent must disclose to Steven that Ted and Lisa are customers.

B. Ted and Lisa are clients, as is Steven. The listing agent must disclose to Steven that Ted and Lisa are also clients.

C. Ted and Lisa are customers, and Steven is a client. The listing agent must disclose to Steven that he/she represents Ted and Lisa and explain customer relationships

D. Ted and Lisa are clients, and Steven is a customer. The listing agent must disclose to Steven that he/she represents Ted and Lisa and explain customer relationship

From the question, we are informed that Ted and Lisa are selling their home and have signed a listing agreement and that Steven visits Ted and Lisa's open house, and he is interested in purchasing their home.

The above scenario shows that Steven is a customer while Ted and Lisa are the clients. Steven is a customer as he is the one that wants to buy the house.

The listing agent must then disclose to Steven that he/she represents Ted and Lisa and explain customer relationships.

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Veseljchak [2.6K]

Answer:

a) A discount retailer

Explanation:

The formula to determine the cash conversion cycle is shown below:

Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.

So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact

So the option a is correct

3 0
2 years ago
Bramble Corp. makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget
Alexandra [31]

Answer:

$720,000

Explanation:

The total budgeted selling and administrative expenses is made up of both fixed and variable components. The variable component of the cost is dependent on the budgeted number of units to be sold.

Total variable cost budgeted

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= $580,000

Total fixed cost = $10,000 + $120,000 + $4,000 + $6,000

= $140,000

total budgeted selling and administrative expenses for October

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5 0
3 years ago
The reason fast food restaurants often are found in close proximity to each other is a. they enjoy competition b. location clust
olganol [36]

Answer:

b. location clustering near high traffic flows

Explanation:

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Restaurants may be established near offices, in market places, near public transport terminus, or other location convenient to customers.  With time, customers tend to associate that particular building, area, or street with restaurants. As the area becomes synonymous with restaurants, more customers will visit it, leading to more restaurants to open in that locality.

3 0
3 years ago
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IRINA_888 [86]
I believe the answer is: Civil court

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5 0
3 years ago
Read 2 more answers
How does a payroll accountant use the information in the General Ledger? (You may select more than one answer. The account balan
son4ous [18]

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The general ledger provides information of accounting reports which in turn is used to balance aggregate data to determine payroll costs .

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