1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mina [271]
2 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]2 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.

You might be interested in
The markup on a video game is 15% of the sale price. If the video game sells for $58.82, what was the cost (in $)? (Round your a
Tanzania [10]

Answer:

$51. 15

Explanation:

The selling price is $58.82

The mark-up is 15% of the selling price.

The cost price is ???

The $58.82 is 115% of the cost price.

the cost price is 100%

cost price

= 58.82/115 x 100

= $0.5114 X 100

=$51. 15

5 0
3 years ago
A futures contract on a 30 day Eurodollar time deposit is currently selling at an IMM index of 95.75 percent. The IMM index on a
kolezko [41]

Answer:

Basis risk for the future contract is 0.65%

Explanation:

Basis risk is the difference in spot price and future price of an hedged asset. It is the difference between the price price of an hedged asset and price of the asset serving as the hedge.

Basis risk = Futures price of contract − Spot price of hedged asset

Basis Risk = Future IMM index - Spot IMM index

Basis risk = 95.75% - 95.10%

Basis risk = 0.65%

5 0
3 years ago
Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, a
Nikolay [14]

Complete question:

Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp. are not actively traded. What amount of goodwill should be attributed to the non-controlling interest at the date of acquisition?

a. 150,000

b. 250,000

c. 0

d. 120,000

e. 170,000

Answer:

150,000 of goodwill should be attributed to the non-controlling interest at the date of acquisition

Solution:

A non-controlling interest (NCI) is a role in which a owner holds less than 50% of remaining and has little control over decisions. A minority ownership is often known as the minority interest. Non-controlling interests are calculated by their net worth and are not eligible for future right to vote.

Now , Calculate the amount

Cost(PP) - 1,600/0.8 = 2,000

FV - 1,850

GW = 1,850 - 2,000

     = 150,000

8 0
2 years ago
Skyler Manufacturing recorded operating data for its shoe division for the year. Sales $4,500,000 Contribution margin 500,000 Co
Anna71 [15]

Answer:

Controllable margin= $300,000

Controllable margin in %= 33.3%

Explanation:

Controllable margin is sales revenue less controllable variable costs and fixed cost.

Controllable margin= Sales revenue - controllable variable cost - controllable fixed costs

Controllable margin= contribution margin - fixed costs

                                     = 500,000 - 200,000= 300,000

Controllable margin in %= 300,000/900,000 × 100 =33.3%

Controllable margin in %= 33.3

3 0
3 years ago
Assess your individual capability for project teamwork. Tell why you feel you are strong in certain capabilities, and give strat
Dominik [7]

Answer:

my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity

Explanation:

I am strong in certain capabilities because of my ability to think outside. To do this, some of my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity and avoiding instances of associated with crisis during work and an open policy system.

In the other vein, I would need to develop my weaknesses in the areas of over-tolerance and the useof vogue language when angry.

8 0
3 years ago
Other questions:
  • The process of formalizing acceptance of the completed project deliverables is also known as _______________
    14·1 answer
  • The Roget Factory has determined that its budgeted factory overhead budget for the year is $15,500,000. They plan to produce 2,0
    13·1 answer
  • Robert bought 10 shares of Apex Company for $18 each and later sold all of them at $17 each. This transaction resulted in what t
    14·2 answers
  • Widden Company, which sells electric razors, had $320,000 of cost of goods sold during the month of June. The company projects a
    10·1 answer
  • Earley Corporation issued perpetual preferred stock with an 8% annual dividend. The stock currently yields 7%, and its par value
    15·1 answer
  • The Jones Company has decided to undertake a large project. Consequently, there is a need for additional funds. The financial ma
    15·1 answer
  • Given the following information about each economy, either calculate the missing variable or determine that it cannot be calcula
    6·1 answer
  • What costs are considered “relevant” and which are considered “irrelevant “to a business
    10·1 answer
  • How are SAE programs expanded and/or diversified?
    13·1 answer
  • Orion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!