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USPshnik [31]
3 years ago
8

According to the provisions in the Contract to Buy and Sell Real Estate, if a broker has an interest-bearing trust account, the:

__________.
Business
1 answer:
BaLLatris [955]3 years ago
4 0

According to the provisions in the Contract to Buy and Sell Real Estate, if a broker has an interest-bearing trust account, the: interest may accrue to a nonprofit affordable housing fund.

<u>Explanation:</u>

When funds are deposited to a interest bearing trust account then interest can be obtained for those deposited funds. The annual percentage yield will be very smaller amount for this type of account. The amount of money will be paid to the account holder in annual basis which is called APY.

The interest that is paid to the account beneficiary is called trust account. When a broker has this type of account, according to the Contract to Buy and Sell Real Estate provisions, the interest may accrue to nonprofit affordable housing fund.

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Answer:

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Stocks are ownership certificates, their values and payouts fluctuates.

Bonds are debt certificates. Issuing them means the firms are obliaged to pay the interests until maturity and the face value of the bond at maturity.

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3 years ago
Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics
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Answer:

The correct answers are:

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3 years ago
A black market is A. a market in which buying and selling take place at prices that violate government price regulations. B. ver
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