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tatyana61 [14]
2 years ago
12

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
Business
1 answer:
elena-s [515]2 years ago
5 0

Answer:

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

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Interest income received by a cash basis taxpayer is generally reported in the tax year it is received. True False
FromTheMoon [43]

Answer:

TRUE

Interest income received by a cash basis taxpayer is generally reported in the tax year it is received.

5 0
3 years ago
Which of the following is not a product cost under variable costing?
irakobra [83]
There are no options
3 0
2 years ago
Abused children live in families of all socioeconomic levels, races, nationalities, and religious groups, although child abuse i
Digiron [165]

Answer:

The correct answer is lower-class nonwhite.

Explanation:

The lower class is the poorest population segment of human society. It is characterized by having great gaps in its way of life and limitations in terms of access to economic resources. They are usually unemployed people, who do not own their own home or other goods or properties that are essential for living.

To this socioeconomic class belong people with very low educational levels, barely with primary education and some with secondary education. Some casual or independent workers also enter this class. Lower class families do not have good basic services in their homes.

6 0
3 years ago
Suppose housing prices and stock prices decline significantly and cause autonomous consumption spending to decrease by $200 bill
kirill [66]

Answer: The change will be $400 billion.

Explanation: The marginal propensity to consume (MPC) is used to explain that increase in consumption is as a result of increase in income.

To calculate how much the equilibrium real GDP will change:

STEP1: CALCULATE THE MULTIPLIERS

multipliers = 1 ÷ (1 - MPC)

Where MPC = 0.

Therefore;

Multipliers = 1 ÷ (1 - 0.5) = 1 ÷ 0.5

Multipliers = 2

STEP 2: CALCULATE HOW MUCH THE EQUILIBRIUM REAL GDP WILL CHANGE;

Multipliers × change in consumption spending

2 × $200 billion = $400 billion

Equilibrium real GDP will change with $400 billion

4 0
3 years ago
In 1920, it was reported that there were 60 billion barrels of oil in the world oil reserves and we were using 6 billion barrels
Ipatiy [6.2K]

Answer:

Discovery of new oil reservoirs and technological developments on oil extraction.

Explanation:

The world has not run out of oil by two reasons. First, the discovery of new oil reservoirs and, second, the development of new technologies that increased extraction efficiency in a feasible way.

5 0
3 years ago
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