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Vika [28.1K]
3 years ago
6

Without checking the facts, a broker who is the seller�s agent tells a buyer that the property taxes in a particular neighborhoo

d are among the lowest in the area. The buyer relies on the broker�s statement and makes an offer on a house in the neighborhood. Before closing, it is determined that the taxes are actually among the highest in the area. The buyer could seek to rescind the contract on the basis of:___________.
Business
1 answer:
My name is Ann [436]3 years ago
6 0

Answer:

misrepresentation

Explanation:

A broker is a person or firm who arranges the sale and purchase of a property between a buyer and a seller. He gets a commission if the deal is executed.

In the given question, a buyer is told by a broker that the property taxes in a particular neighborhood are the lowest in the area. Based on this information, makes an offer on a house in the neighborhood. Just before closing, he comes to know that the taxes are actually among the highest in the area.

So, The buyer could seek to rescind the contract based on <u>misrepresentation</u>

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What is the term utilized when union workers refuse to work due to contractual disagreements?
vfiekz [6]
B. Strike workers in a union are allowed to go on strike when there are disagreements about contracts.  They are actually forced not to work and are replaced with people called s c a b s. 
6 0
4 years ago
In order to provide more complete information, u.s. gaap allows that any significant noncash investing and financing activities
vampirchik [111]

It is reported as foot notes  in cashflow statement or in the notes of financial statements.

When an income statement is converted to cash flows from operational operations, noncash items like as depreciation and nonoperating profits and losses are not included. Non-cash investing and financing entails making an investment or purchase using financial instruments other than cash.

The Generally Accepted Accounting Principles (GAAP) are a collection of generally observed financial reporting accounting standards and regulations. The four main constraints of GAAP are objectivity, the materiality, the consistency, and the prudence.

Companies are required by both IFRS and US GAAP to declare any substantial non-cash investment and financing operations, either as a footnote at the bottom of the statement of the cash flows or in  notes to the financial statements.

Therefore, the answer is the bottom of the statement of  the cash flows or in the notes to  financial statements.

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brainly.com/question/17327177

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6 0
2 years ago
Johanna agrees to purchase Jessie’s land so that she can build a golf course. They write a contract, and Johanna transfers the d
Andrews [41]

Answer:

b. performance.

Explanation:

Discharge of contract by performance is when the both the parties agreeing to a contract performs their respective promises.

Discharge of contract by performance is a normal and natural mode of completing a contract.

Once the performance i.e the agreeing statements are proper and complete by the both the parties, they are free from the further liabilities.

8 0
3 years ago
Huey has eaten two hamburgers and is considering a third.The marginal benefit in his decision is the pleasure from consuming
krok68 [10]

Answer:

C

Explanation:

A rational consumer would keep consuming as long as he continues to derive satisfaction from consuming one more unit of a product..

For example, if you have eaten two hamburgers and you are contemplating whether to consume one more unit of hamburger or not.  one of the factors you would consider is if you would derive a marginal benefit from one more consumption. If you would, you would consume one more hamburger and if you would not, you won't consume the hamburger

6 0
4 years ago
The invention of what product skyrocketed the popularity of pecan pie?
Nezavi [6.7K]

Answer:

Karo Syrup

Explanation:

Karo Syrup is delicious on Pecan Pie

3 0
3 years ago
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