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3 years ago

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A broker has an exclusive right-to-sell listing on a building. An offer to purchase the building is received while the owner is

out of town. The offer requires a commitment from the seller before the seller is scheduled to return to the city. Under these circumstances, the

1 answer:

elena-s [515]3 years ago

5 0

Answer:

Broker must obtain the signature of the seller to effect a contract.

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Sandra is purchasing a home with a first mortgage loan for $548,250, which is the conforming loan limit for the area where she l

Lostsunrise [7]

Question Completion with Options:

2.5 percentage points

1.5 percentage points

3.5 percentage points

6.5 percentage points

Answer:

Sandra's creditor must determine if the APR for the loan exceeds the average prime offer rate by:

1.5 percentage points

Explanation:

The first mortgage loan principal should not exceed the conforming loan limit for the area where Sandra lives at the time that she secures the loan approval. It behooves on Sandra’s creditor to determine if the annual percentage rate (APR) for the mortgage loan exceeds the average prime offer rate (or the sample rate that is a representative of the APRs charged by creditors for mortgage loans that have low-risk pricing characteristics) by 1.5 percentage points.

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3 years ago

he appropriate discount rate for the following cash flows is 8 percent compounded quarterly. Year Cash Flow 1 $700 2 700 3 0 4 1

rewona [7]

Answer:

Thus, the present value is $2045.52.

Explanation:

Use the below formula to find the present value:

Present value = FV ÷ (1 + r/4)^(n*4)

Present value :

$=\frac{700}{(1 + \frac{0.08}{4} )^{1 \times 4} } + \frac{700}{(1 + \frac{0.08}{4} )^{2 \times 4} } + \frac{0}{(1 + \frac{0.08}{4} )^{3 \times 4} } +\frac{1100}{(1 + \frac{0.08}{4} )^{4 \times 4} } \\ \\= \frac{700}{1.0824}+\frac{700}{1.1716} +0+\frac{1100}{1.3727} \\= 2045.52$

Thus, the present value is $2045.52.

4 0

3 years ago

What are the differences between a small and a large office

Volgvan

Answer:

size Difference

Explanation:

One office is bigger and the other office is smaller the difference will be in size but i wouldn't know i'm a ninja

4 0

3 years ago

Read 2 more answers

Von hayek's kayaks can borrow $12,500 for 60 days at a cost of $220 interest. what is the effective rate of interest?

Lyrx [107]

<span>The principal amount is $12,500. From the above statement the interest for two months is $220. And the annual interest is 1320. This is 10.56% of the principal amount. So the rate of interest in 10.56</span>

6 0

3 years ago

All of the following are indicators that the vendor is acting as an agent instead of as a principal, except: A. The other party

LenaWriter [7]

Answer:

The correct answer is B. The vendor has latitude in establishing prices for the other party's goods or services.

Explanation:

In an ideal scenario, both sellers and buyers should agree on the price and conditions of a product, in order to avoid speculation and subsequent conflicts. In the event that a seller is the one who has the freedom to decide the conditions such as price or distribution, he is acting as a commercial agent, since he is autonomously deciding on aspects that should correspond to the buyer as the main agent.

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3 years ago