The broker should refuse to release the earnest money even after the seller requested the earnest money prior to the property inspection.
<h3>What is earnest money?</h3>
Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.
It is the money paid to a merchant or seller to complete a contract or money paid to a merchant / seller to show good faith in the transaction.
Hence, the broker should refuse to release the earnest money even after the seller requested the earnest money prior to the property inspection.
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Answer:
$14,900
Explanation:
The computation of the amount recognized as a depreciation expense for the year 2 is shown below;
= Carpenting + roof + hvac system + building
= ($10,000 ÷ 5 years) + ($15,000 ÷ 15 years) + ($30,000 ÷ 10 years) + ($500,000 - $10,000 - $15,000 - $30,000) ÷ (50 years)
= $2,000 + $1,000 + $3,000 + $8,900
= $14,900
Answer:
1. rise
2. difficult
3. fall
4. equilibrium
5. upward
6. downward
Explanation:
When the demand for workers increases, it would lead to rise of demand over supply. When there's excess of demand over supply, there is an upward pressure on wages and wages would rise.
When employers find it difficult to find workers, there would be an excess of demand for workers over supply. This would lead to an increase in wages.
When there's excess supply over demand, there would be a downward pressure on wages and wages would fall. The fall in wages would discourage labour and some would leave the industry, the supply of labour would fall until the quantity of labour demanded and supplied becomes equal. The point at which quantity demanded and supplied of labour becomes equal is known an equilibrium.
I hope my answer helps you.
Answer and Explanation: From the following given case or scenario, we can state that Wanda and Jim next logical step should be to collect the data and information in order to create a detailed design of the project. Wanda and Jim can collect the data and information using several methodology such as surveys, sites, questionnaires and interviews etc.
