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antiseptic1488 [7]
3 years ago
9

Lisa is a homeowner looking to sell her house. She opts not to sign a listing agreement with a broker in order to save on the co

mmission. However, she is still being assisted by her good friend Martha, who is a licensed FL broker. How would you characterize Martha's relationship with Lisa
Business
1 answer:
yarga [219]3 years ago
4 0

Answer:

There is a no-brokerage relationship between Martha and Lisa since a listing agreement has not been signed and Martha is only offering assistance.

Explanation:

Brokerage relationship

This is commonly known as that tyoe of relationship that is usually contractual in nature and it exists between a client and a real estate licensee, the services of the broker has been engaged by the client for the purpose of getting a seller, buyer, tenant and willing to sell etc on client's behalf.

Authorized Brokerage Relationships

1. Single Agency

2. Transaction Broker

3. No Brokerage

4. Designated Sales Associate

No brokerage relationship

This is regarded as a form of a procedure or an arrangement where the broker does not represent either the buyer or the seller but the broker do works to help in the transaction process.

The duties of No brokerage relationship

The law states that a real estate broker working in a no brokerage relationship should always deal honest and fairly, and also disclose (open up) all known facts that materially affect the value of residential real property that are not readily seen or known to the buyer.

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On the twentieth day of the month, room sales at the Motor Lodge Motel exceeded its breakeven point for the month. Revenue gener
Firdavs [7]

Answer:

D) increase at a faster rate than the costs associated with those sales.

Explanation:

If the break even point was reached during the 20th day of the month, then any revenue generated during the remaining 10-11 days will increase net profits. The amount of net profit increase will be determined by the contribution margin of each service provided. The contribution margin = net sales - variable costs. Since the fixed costs have already been covered, the contribution margin will be equal to the net profit.

4 0
3 years ago
Cornerstone, Inc. has $125,000 of inventory that suffered minor smoke damage from a fire in the warehouse. The company can sell
kotegsom [21]

Answer:

Alternative of cleaning and shipping is better as loss value is less.

Relevant cost of this alternative is $23,000 incurred for cleaning and shipping.

Explanation:

Evaluating both the proposals

In case the goods are sold as it is then net cost/ loss = Carrying value of inventory - Sales Revenue

= $125,000 - $45,000 = $80,000

In case the goods are cleaned and shipped then

Total cost = $125,000 + $23,000 = $148,000

Revenue = $80,000

Net loss/ cost = $148,000 - $80,000 = $68,000

Thus Since the loss value is less i alternative 2 that is of cleaning and shipping, it shall be chosen.

The relevant cost of that alternative is $23,000 incurred in cleaning and shipping.

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3 years ago
Carlos is taking a class to learn presentation skills. Which type of communication is he using when he improves his PowerPoint s
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Answer:

visual ,i like your profile add my sn a p,joel.ewc123

Explanation:

5 0
3 years ago
You are the beneficiary of a life insurance policy. the insurance company informs you that you have two options for receiving th
lesantik [10]

So in this case, you would need to find the present value (PV) of the monthly payments. With the information given, you would have a PV= 195,413.08, which is less than the lump sum payment. In this case, you would take the 1 time payment.

Another way to look at this is to calculate the future value (FV) of both payouts. For the lump sum payment, you would assume the same interest rate (6%) and at the end of the same 20 years period, your investment would be worth 662,040.90 while the monthly payment option would be worth 646,857.25

7 0
3 years ago
2700 thousand bonds with a face value of $1000 each, are sold at 106. The entry to record the issuance is
IceJOKER [234]

Date, bonds sold at a premium

Dr Cash $28620000000

   Cr Bonds payable $2,700,000,000

   Cr Premium on bonds payable $1,62,000,000

Explanation:

The total face value of the bonds is $1,000 x 2700,000 bonds = $2,700,000,000

since the bonds were sold at 106, their price was =

$2,700,000,000 x 106% = $28620000000

the difference between the face value and the actual market price = $2,862,000,000 - $2,700,000,000 = $1,62,000,000 must be recorded as premium on bonds payable (increases the bonds' carrying value)

<h3>What is the difference between market value and face value?</h3>
  • The market value is the actual price at which the security trades on the open market, as well as the price that fluctuates when the yield reacts to changes in interest rates.
  • The face value is determined by the issuing company. It may be the value at which the firm redeems the shares at some point in the future, but there is no guarantee.

Learn more about date and the interest expense:

brainly.com/question/20038664

#SPJ4

7 0
2 years ago
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