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mina [271]
3 years ago
9

The physical condition of the land and improvements being purchased are NOT guaranteed by either sellers or broker, except as sp

ecifically set forth in the purchase agreement. For this reason, brokers require their salespeople to powerfully advise all buyers:
Business
1 answer:
allsm [11]3 years ago
8 0

Correct/Complete Question:

The physical condition of the land and improvements being purchased are NOT guaranteed by either sellers or broker, except as specifically set forth in the purchase agreement. For this reason, brokers require their salespeople to powerfully advise all buyers:

A. of their right to have a personal and professional inspection of the property they are purchasing.

B. purchase errors and omissions insurance for the buyer.

C. to spend at least one night in the house before purchasing.

D. Sign the "safe harbor provision."

Answer:

A. of their right to have a personal and professional inspection of the property they are purchasing.

Explanation:

In the sale of property, either land or house, it is important for salespersons to strongly let buyers know that they have the right to personally and professionally have the property inspected.

This is to avoid a situation where the buyer pays for the property then comes back to say something or some part of the property isn't what it is.

So by inspecting the property personally and professionally, the broker and salesperson are absolved of any issue that might arise from inspection.

Cheers.

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Answer:

The correct answer is letter "B": Procurement.

Explanation:

Procurement specialists are managers in charge of reviewing major contracts with vendors or any type of supplier of goods useful for the manufacturing of a company. They analyze diverse data to find out what the best prices are to contribute to the firm profitability. Besides, procurement specialists must study the inflows and outflows of the company's supplies to identify shortages or surplusses.

3 0
3 years ago
Parkside pool reports net sales of $625,000, gross profit of $275,000, and net income of $15,000. the company's cost of goods so
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The company's cost of good sold is $350,000. The cost of good sold is a cost which directly attributed to the inventory sold by a company. Gross profit is a portion of income which created by the selling of inventory ignoring other expense besides the cost of good sold. From the company's data, we can find the cost of good sold by finding the difference between net sales and gross profit, therefore the formula we have to use is "Cost of good sold = Net sales - gross profit".
4 0
3 years ago
When Myra first became eligible for Medicare, she enrolled in Original Medicare (Parts A and B). She is now 67 and will turn 68
Temka [501]

<u>Answer:</u>

<em>Medicare refers to a</em><em> program for the individuals</em><em> of and above the age of 65 with certain disabilities and diseases. Medicare the FFS scheme, that is, Fee-for-Service covers two parts, Part A and Part B.   </em>

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7 0
3 years ago
A fully global organization might set up a ________ with a foreign company to create a new, independent company that produces a
Archy [21]

Answer:

A

Explanation:

8 0
4 years ago
Sub Sandwiches of America made the following expenditures related to its restaurant.
galina1969 [7]

Answer:

1. Heating Equipment

2. Premises

3. Maintenance Expense

4. Prepaid Insurance

5. Intangible Asset ; Logo

6. Premises

Explanation:

1. Replacement of heating equipment is substantial hence it is capitalized to the Heating Equipment Account.

2. The project is capitalized to the Premises Account as it form part of premises.

3. Annual Building maintenance is a revenue expenditure not capitalized.

4. An Asset Insurance Prepaid for future economic benefits to be realized is recognized.

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6. Work done is capitalized in the Premises Account

3 0
3 years ago
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