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Maru [420]
2 years ago
14

A broker enters into an Exclusive Right-to-Buy contract with a purchaser. The purchaser finds a satisfactory property and makes

an offer, which is accepted. The listing broker is unavailable during much of the transaction and the selling broker performs several of the listing broker's responsibilities. In gratitude, the seller offers a $500 bonus to the selling broker. When is it acceptable for the broker to receive this money?
Business
1 answer:
Artyom0805 [142]2 years ago
4 0

Answer:

The buyer doesn't have any obligation to give a bonus to the seller's agent, nor the seller's agent have any right to request some type of payment from the buyer regardless of what tasks he/she performed. But if the buyer decides to give a bonus to the agent because he/she wants to (for whatever possible reason), both parties must fully disclose in writing the circumstances regarding the payment.

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A new project would require an immediate increase in raw materials in the amount $6,000. The firm expects that accounts payable
Monica [59]

Answer:

<em>The project will increase the net working capital of the firm by $4000</em>

Explanation:

Net working capital measure how fast a company can convert its asset to cash, the networking capital can be obtained with the expression below;

net working capital (NWC) = current assets - current liabilities

Current asset = Increase in raw materials = $6,000

Current liabilities  = accounts payable increase =  $2,000

NWC= Increase in raw materials-increase in accounts payable

          =$6,000 -$2,000

           =$4000

Therefore this project will increase the net working capital of the firm by $4000

3 0
3 years ago
Select the answer that best describes why the return on investment (ROI) for higher education is high even thought the cost of c
LekaFEV [45]
The correct answer for this question is this one: "B. You have the potential to earn less money in the future when you continue your education past college."

The return on investment (ROI) for higher education is high even thought the cost of college is increasing. So, <em>you have the potential to earn less money in the future when you continue your education past college.</em>
Hope this helps answer your question and have a nice day ahead.
5 0
3 years ago
Ted is the owner and chief executive officer of a business. He recently began an advertising campaign to promote a new product t
Andreyy89

Answer:

The answer is "Option a"

Explanation:

In the given question only "option a" is correct, which can be described as follows:

  • He is the owner and managing director of an organization and recently he introduced media attention initiatives to encourage a specific app controlled by federal law.
  • Its law is rather ambiguous. He reviewed the relevant law before starting the initiative and met with his counsel in an attempt to comply with the rule. Even so, this state attorney general's office also filed a suit against him after misleading publicity.
  • He provides the best defense, which acted in good faith with proper research and in line with an unspecified rule.
8 0
3 years ago
Why is it important to create a goal that is measurable?
Tom [10]

It is A. So that I know whether I have identified potential barriers

5 0
3 years ago
Citibank need to borrow $1 million for 6 months starting in 2 years. Citibank is concerned about the interest rate would like to
Shkiper50 [21]

Answer:

"$ 15,000" is the correct solution.

Explanation:

The given values are:

Agreed fixed rate,

= 0.04

LIBOR rate,

= 0.01

No. of borrowing months,

= 6

National amount,

= 1000000

Now,

The net payment will be:

= National \ principal*(Floating \ rate - Fixed \ rate)\times \frac{No. \ of \ months}{12}

On substituting the above values, we get

= 1000000\times (0.01-0.4)\times \frac{6}{12}

= 1000000\times (-0.03)\times 0.5

= -15,000 ($)

3 0
3 years ago
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