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Alex Ar [27]
3 years ago
15

A couple is interested in purchasing residential investment property, and they have informed their sales associate that they wan

t limited representation but do not want to be legally held responsible for the acts of a licensee. Which brokerage relationship is best suited to this couple?No brokerage relationship B) Single agency C) For sale by owner D) Transaction broker
Business
2 answers:
RoseWind [281]3 years ago
8 0

Answer:

The correct answer is D) Transaction broker.

Explanation:

A transaction brokerage provides third-party real estate services for both buyers and sellers. A real estate agent is required, by law, to legally assist only one of the parties in a real estate transaction. This is also called a single agency. However, a transaction intermediary is legally neutral and can help the buyer and seller in a transaction. Instead of acting as an agent for the buyer or seller, the transaction broker can be described as a professional assistant. Instead of a percentage of the sale, the intermediary of the transaction often charges a fixed fee.

A transaction broker can assist the buyer in preparing his offer for purchase, assist the seller in deciding what price to ask, facilitate communications between buyer and seller, write the contract and help buyer and seller to comply with the conditions of the contract and facilitate closing. Although they are not legally responsible to the buyer or seller, transaction brokers are required by law to act honestly and impartially in all transactions and to give due care and skill in their work.

katrin2010 [14]3 years ago
6 0

Answer:

option (D) Transaction broker

Explanation:

According to the given statements it can be concluded that the best brokerage relationship suited to this couple is

" option (D) Transaction broker "

In a brokerage involving the transaction broker relationship, both the main parties involved in the transaction i.e the buyer and the seller are not responsible for the act of licensee.

The transaction broker acts as an inter mediator for the whole transaction for the negotiations and the exchange of information.

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Silver Screen Cinemas Inc. and Digi Now Inc. are two companies that own and run movie theaters in malls and other commercial are
Gennadij [26K]

Answer: Option B is correct.

Explanation:

The option A is incorrect because Silver screen cinemas are competing on prices which shows that it will charge lower prices than the supplier who is offering differentiated products and is in similar line of business.

Option B is correct because though both of these companies are in similar type of industry but their customer segments are different from each other. Digi Now Inc. is offering services to upper class whereas the Silver Screen Cinemas Inc. is offering to people who have lower purchasing power.

Option C is incorrect because Digi Now Inc. is offering services to upper class, which means it will charge higher prices for superior customer services. Silver Screen Cinemas Inc. will charge lower prices for lower level of customer services.

Option D is incorrect because one is competing on quality whereas the other is competing on cost. So it is impossible for the one who is competing on cost to offer everything to everyone.

8 0
3 years ago
The best time for a manager to practice a democratic leadership style is when the manager wants:
Annette [7]
A. Little or no feedback because the manager wants to know a little bit of feedback so they know what to do
6 0
3 years ago
Preferred stock, 5%, $50 par value, 1,200 shares issued and outstanding with dividends in arrears for the three prior years. Com
Ivenika [448]

Answer:

$12,000

Explanation:

total preferred dividends per year = 1,200 x $50 x 5% = $3,000

since they were not paid during the past three years, and they are cumulative, the total preferred dividends = $3,000 x 4 = $12,000

common stock dividends = total dividends - accumulated preferred dividends = $25,000 - $12,000 = $13,000

cumulative preferred stocks that are not paid in the past, must be paid before any common dividends are paid

8 0
2 years ago
Suppose you like to make, from scratch, pies filed with banana cream and vanila pudding. You notice thai the ce of bananas has i
Mumz [18]

Answer:

A. Decrease

Explanation:

In this case, Banana cream and Vanilla pudding are complementary goods which means that they are products used together. Complementary goods are goods with negative cross elasticity of demand. This means than an increase in the price of one good will lead to a decrease in the demand for the other good and a decrease in price for one good will lead to an increase in demand for the other good.

Here, the prices of bananas increased, as a result the demand for vanilla pudding decreases because they are goods with negative cross elasticity of demand.

5 0
3 years ago
ctual and budgeted fixed overhead $1,092,000 Standard variable overhead rate $27.00 per standard labor hour Actual variable over
icang [17]

Answer:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Explanation:

Giving the following information:

Actual and budgeted fixed overhead $1,092,000

Standard variable overhead rate $27.00 per standard labor hour

Actual variable overhead costs $137,144

We weren't provided with enough information to calculate the direct labor rate variance. But I will provide the formula.

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= actual direct labor costs/total actual hours worked

7 0
3 years ago
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