Dual agency is often solved with the broker representing both sides designating a separate agent for both buyer and seller.
An individual who represents both the buyer and the seller in a transaction is known as a dual agent. It's common to mix up dual agents and designated agents. Assigned agents, on the other hand, consist of two people who each represent the buyer and seller independently.
In a dual agency scenario, a single agent acts as both the buyer's agent and the seller's representative, as opposed to two independent agents. When the buyer and seller work with the same brokerage, dual agency frequently occurs.
The commissions for both agents are normally paid by the seller, thus in this case, the seller stands to directly benefit financially. However, if the seller's expenses are lower, they might be open to the idea of the buyer offering a lesser price.
Learn more about dual agency here
brainly.com/question/13354217
#SPJ4
Answer:
Debit Income Summary $84,800, Credit High Step Shoes, Capital $84,800
Explanation:
Preparation of what The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is:
Debit Income Summary $84,800
Credit High Step Shoes, Capital $84,800
($192,000-$107,200)
(To close the Income Summary account )
Answer:
can you come and check my question and if you can guide me
Human activity can affect the carbon cycle by capturing carbon dioxide and storing it underground rather than permitting it to be released into the atmosphere.
Answer:
The answer is: Complementary goods and services
Explanation:
Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.
Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.
In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.
