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lianna [129]
2 years ago
15

A broker produces a buyer who is interested in buying a listed property. At closing, the seller is unable to provide marketable

title to the property and the buyer cannot come up with XXX financing to purchase the home. Is the broker due a commission?
Business
1 answer:
-Dominant- [34]2 years ago
4 0

Answer:

No, because he did not produce a ready willing and able buyer

Explanation:

A broker's commission is earned upon his supplying a purchaser ready, willing and able to buy according to seller's terms, and upon completing duties called for in the earnest money agreement.

A transaction is not "closed" until the buyer has been supplied with evidence of title called for in the earnest money receipt; delivery of deed; accounting to the seller of consideration coming to him, together with delivery of possession of the premises to the buyer.

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Production-constrained decision. (You may select more than one answer. Single click the box with the question mark to produce a
skelet666 [1.2K]

Answer:

D. unanswered Sales revenue at split-off point.

Explanation:

Product contribution margin is the economic term used to describe a situation where a product sold generates revenue large enough to pay for all its production and distribution costs and expenses and still generate a profit for the company. In other words, this term refers to the money that is left over from the revenue generated from the sale of the product, after all of your production expenses have been paid. Sales revenue not being answered at the point of separation.

4 0
3 years ago
Read 2 more answers
Two 1000 dollar face value bonds are both redeemable at par, with the first having a redemption date 3 years prior to the redemp
finlep [7]

Answer:

$ 915.71  

Explanation:

In order to determine the second bond price we need to determine the number of years to maturity of the first bond using nper formula in excel.

=nper(rate,pmt.-pv,fv)

rate is the semiannual interest rate of 6% (12%*6/12)

pmt is the semiannual interest=$1000*8.3%*6/12=$41.50  

pv is the current price at $813.04

fv is the face value of $1000

=nper(6%,41.50,-813.04,1000)= 16.00  

The years to maturity=16/2=8 years

The years to maturity of second bond=8+3=11 years

price of second bond=-pv(rate,nper,pmt,fv)

rate is 6%

nper is 11 years multiplied by 2= 22

pmt =5.3%*$1000=$53

fv is $1000

=-pv(6%,22,53,1000)=$915.71  

5 0
3 years ago
Read 2 more answers
Section 103 of the Federal Public Works Employment Act establishes the Minority Business Enterprise program and requires that, a
EastWind [94]

Explanation:

Looking from a fair point of view, the White owners of businesses have legitimate reasons to feel that the Act constitutes illegal reverse discrimination.

Remember, reverse discrimination implies an unfair treatment of the majority group (White owners) in an effort to please the minority group. This is evident from the fact that the 10 percent of all federal grants to be released by the Economic Development Administration was only to be used to purchase services or supplies from businesses owned and controlled by U.S. citizens belonging to one of six minority groups excluding the White business owners; making the White owners feel discriminated against.

Thus, unintentionally the Act became a reverse discrimination on White business owners.

3 0
2 years ago
Imports of goods and services are items that​ _____ in the united states​ _____ the rest of the world.
geniusboy [140]
Imports of goods and services are items that​ households, firms, and​ governments <span>in the United States​ buy from the rest of the world.
Correct answer: B
Import is part of international trade</span><span>s, which denotes the change in ownership of material resources and services between one economy and another.</span><span>
</span>
7 0
3 years ago
Under the percentage of completion method, if the actual costs are ____ the estimated costs, the taxpayer must pay interest on t
Sphinxa [80]

Answer:

The correct answer is Less than the estimated costs.

Explanation:

The percentage method completed is an accounting practice used to recognize income in long-term contracts.

When long-term projects (greater than one year) are undertaken, the costs and revenues associated with it are incurred throughout its life.

This accounting method, as its name suggests, allows the company to account for part of the associated income and expenses incurred as the project phases are completed. Thus, the percentage complete method is understood as a method of recognition of recognition of income and expenses that is applied continuously without having to defer income and expenses at the end of the project.

8 0
3 years ago
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