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bagirrra123 [75]
3 years ago
6

Should a licensee who represents both the buyer and seller tell the buyer about material defects on the seller's property?

Business
1 answer:
Eduardwww [97]3 years ago
7 0

Answer:

Yes, any defects known to the broker should have been disclosed to the buyer.

Explanation:

When a liscencee represents mother the buyer and seller in a transaction it is called dual agency.

Most real estate agents work either for the buyer or the seller. Dual agents are a small category that represents both buyers and sellers.

Dual agents should be neutral and represent each party's interest equally.

If there is a material defect it is his duty to disclose this to the buyer. This fosters transparency and prevents the seller from cheating the buyer.

You might be interested in
According to _____, goals energize behavior and also create tension between the goal, which is the desired future state of affai
lina2011 [118]

Answer:

The correct answer is goal-setting theory.

Explanation:

Edwin Locke defines a goal as what a person strives to achieve. The goals are important for the human being since they motivate and guide their actions. Thus, according to Locke's theory, the intention to reach goals is a basic source of motivation for the human being.

The goals also encourage us to do our best, to have an illusion or aspiration and to improve our performance. According to Edwin Locke's goal setting theory, people seek and create their own goals through appropriate prior decisions. Once the goals are established, the people to commit to achieve them.

For Locke, the best goal will be the one posed as an accessible, realistic and possible challenge.

4 0
4 years ago
Three of the most common tools of financial analysis are______________.a. Financial reporting, ratio analysis, vertical analysis
JulsSmile [24]

Answer:

The correct answer is letter "C": Horizontal analysis, vertical analysis, ratio analysis.

Explanation:

The financial analysis uses mainly three tools to come up with conclusions. The horizontal analysis compares the firm's financial situation and performance over time. The vertical analysis compares the firm's financial situation and performance to a base amount and, ratio analysis measures the relation between financial statement accounts.

5 0
3 years ago
At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, previously wr
Nat2105 [25]

Answer:

(C) $140

Explanation:

The computation of the end year balance before adjustment is shown below:

= Opening balance of allowance for doubtful debts + reinstated previously written off accounts - uncollectible amount

= $760 + $120 - $740

= $140

For computing the end year balance we add the previously written off amount and minus the uncollectible amount to the opening balance of the allowance for doubtful accounts

Hence, option c is correct.

3 0
3 years ago
Which of these is an example of separation of powers?
muminat

I would say The president  enforcing a law passed by Congress is an example of separation of powers.

4 0
3 years ago
Best Brands Appliance Mart is getting ready for its annual Labor Day sale. There are two Best Brands stores, one in midtown Manh
jasenka [17]

Answer:

Explanation:

From the given information:

Assuming we represent x to be the tablets sent from Brooklyn to Manhattan

Thus, (500 - x) to be the tablets sent from Baldwin to Manhattan

Also, suppose we represent y to be the tablets sent from Brooklyn to Amityville

It implies that (400 - x) to be the tablets sent from Baldwin to Amityville

∴

x ≥ 0 ; y ≥ 0  

⇒   500 - x ≥ 0  & 400 - y ≥ 0

The Shipping cost Z = 1(x) + 2(500-x) + 2(y) + 4(400-y)

Z = x + 1000 - 2x + 2y + 1600 - 4y

Z = x -2y + 2600

To minimize the shipping cost:

\left \{ 500-x \geq 0  \ \implies \   x\leq 500}} \atop {400-y \geq 0  \ \implies \   y\leq 400}} \right.

Thus, by replacing the coordinate values (x,y) into Z, we have:

Point    Coordinates(x,y)    Value of Z (shipping cost)

0             (0,0)                             0

A             (0,400)                     1800

B             (500,400)                 1300

C             (500,0)                      2100

Hence, the minimum cost is 1300.

x = 500 units   and  y = 400 units

5 0
3 years ago
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