Answer:
b. Exclusive right to sell
Explanation:
-Net listing is when the agent is able to keep the difference when a property is sold for more than the asking price.
-Exclusive right to sell is when the seller gives the agent the right to market the property and accepts to pay the comission to the agent if the property is sold during the period of the listing.
-Open listing is when a property has different agents and the one that gets the buyer receives the comission.
-Exclusive agency is when the seller gives an agent the right to market a property but the seller is able to sell the property to a buyer that was not found by the agent and in that case, the seller doesn't have to pay the comission to the agent.
According to this, the answer is that the type of agreement that assures that a broker will receive compensation regardless of who procures the buyer is exclusive right to sell because the agent is granted the right to sell the property and the seller agrees to pay the comission if the property is sold during the time of the listing last and it doesn't matter who finds the buyer.
Option B, In a(n) , common market members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate barriers to the movement of the factors of production.
A legal agreement that creates a collection of nations that adopt a single external policy tariff is known as a common market. Countries that participate in a single market also permit free commerce as well as the free movement of capital and labor within the group's members. It establishes a common external tax on imports in the market. Members of this market thus do away with trade restrictions and embrace or adhere to a common policy.
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Landscaping is a good example.
Answer:
Final Accounts Receivable $ 3191
Explanation:
Opening Accounts Receivable $3,200
Received Cash Payment $ 9
Ending Accounts Receivable $3200- $ 9= $ 3191
Opening Cash $12,100
Received customer payment $ 9
Bought manufacturing supplies $ 17
Sold inventory at cost $ 25
Ending Cash Balance = $2100 + 9-17 + 25= $ 2117
<h2><u>Accounts Receivable </u></h2><h3><u>Debit Credit</u></h3>
Opening $3,200
Cash Received 9
<u> Ending $ 3191</u>
<u>$3200 $3200 </u>
The only receipt is of $ 9 which is deducted from the opening accounts receivable to get the final account receivable.
Answer:
$460,000
Explanation:
Given that,
Sales:
Jan. = $500,000
April = $490,000
Feb. = $740,000
May = $740,000
Mar. = $380,000
June = $610,000
Total cash receipts for April 2012:
= Cash receipts from February Sales + Cash receipts from March Sales + Cash receipts from April Sales
= (740,000 × 10%) + (380,000 × 50%) + (490,000 × 40%)
= $74,000 + $190,000 + $196,000
= $460,000
