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Lady_Fox [76]
3 years ago
5

Martin, who wants to sell a house he owns, authorizes his concierge, Wilhelm, to find a potential buyer, and finalize a deal abo

ve a stipulated price. Wilhelm contracts Chris, a real estate broker, and instructs him to only find a potential buyer and send them over to Wilhelm for the sale. Martin then contracts ReNowait Goodhouses, a home improvement company to renovate the house. ReNowait completes its work and Martin pays them. Chris then searches for a suitable buyer and finds one in George. George buys the house and Chris is paid for his services. Who performs the role of the agent in this land sale transaction?
A) Wilhelm
B) Martin
C) Chris
D) George
Business
1 answer:
iren2701 [21]3 years ago
6 0

Answer:

A) Wilhelm

Explanation:

Wilhelm performs the role of the agent as he is the one who martin contacts to find a potential buyer so  Wilhelm is martins agent in this case and Wilhelm is the one in contact with the seller Martin so he is the agent and is finding buyers by contacting real estate agents on Martins behalf.

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Give two examples of situations in which prices gave you an incentive to purchase or not purchase a good or service.
Rasek [7]

Answer:

Prices play an important role in the decision making of an individual. It gives us information about the relative scarcity of the good and helps us decide if we want to purchase the good or not. Two examples can be,

a). When you buy a good in a sale. Sales give you an opportunity to buy what you wanted to at a price that is lower than usual.

b). When the price of Coke increases, you start consuming more Pepsi as they both are substitute goods. So, you would want to buy the cheaper one and not purchase the relatively expensive one.

4 0
3 years ago
Analyze the graph.
zvonat [6]
The answers to the question above are "increasing places to park bikes, increasing bike-share opportunities, and increasing high-occupancy vehicle lanes" which are the changes that city planners should consider within the city. The graph shows an increase of bicyclist. The graph also shows an increase in the high-occupancy car number. Thus, every plan has to be related to this condition. 
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3 years ago
Read 2 more answers
Alex manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday,
statuscvo [17]

Answer: b. shoe-leather costs

Explanation:

This is the shoe-leather cost inflation. It refers to the time and effort expended by people to ensure that they are able to avoid their cash losing too much value to inflation. Includes for instance, going to the bank multiple times because you are holding little cash on hand so it does not lose value.

It is named shoe-leather costs as a play on words because it is assumed that the time and effort put will result in walking around alot and degrading the quality of your shoes.

3 0
3 years ago
A customer's restricted margin account shows the following: LMV $30,000 DB $16,000 SMA $0 If the customer sells $2,000 of securi
strojnjashka [21]

Answer: $1000

Explanation:

From the question, we are informed that a customer's restricted margin account shows the following: LMV $30,000 DB $16,000 SMA $0 If the customer sells $2,000 of securities.

Based on the above analysis, the customer can only withdraw $1000. This is because since $2000 worth of securities are sold, half of it which is $1000 will be credited to SMA which is the withdrawable amount.

7 0
4 years ago
Net Income of $10,000,000 Increase in Accounts Payable of $800,000 Increase in Accounts Receivable of $600,000 Depreciation of $
Viefleur [7K]

Answer:

Cash flow generated from operating activities <em>12,010,000</em>

Explanation:

10,000.000

+1,600,000

Adjusted Net Income 11,600,000

↑AR -600,000

↓Inventory 100,000

↑AP   800,000

Change in working capial 300,000

Other adjustment 110,000

Cash flow generated from operating activities 12,010,000

4 0
4 years ago
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