1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marysya [2.9K]
3 years ago
14

Anderson Mortgage Company has decided to outsource its loan processing activities to Total Processing, Inc. Pursuant to their ag

reement, Anderson pays Total $300 per file when the loan closes and nothing for files that do not close. Is this a violation of RESPA?
Business
1 answer:
SpyIntel [72]3 years ago
3 0

Answer: No, it is not a violation of RESPA

Explanation:

No, the scenario in this question is not a violation of the RESPA conduct because there is no penalization if an organization pays an individual for the  services performed.  The RESPA violations of bribery, referrals, and the fee splitting proscription are therefore subject to the severe penalties which further includes fines and imprisonment.

You might be interested in
Leon Georges works in the warehouse for a manufacturer of air-purification systems. He is responsible for the transportation of
Volgvan

Answer:

3. Distribution

Explanation:

Distribution refers to making a product available to customers for purchase by transferring it from the source of manufacture to the retailers.  Distribution is one of the essential components of marketing mix.

Channels to distribution are whole sellers, retailers, brokers and middlemen, and direct sales. Distribution entails all activities relating to supply of finished products to customers.

In the given case, Leon's work involves transportation of metal components as well as efficient movement of the finished systems from manufacturing unit to the warehouses and subsequently to distribution trucks. These represent activities of distribution.

7 0
2 years ago
Joseph wants to take out a large loan. He has always paid his bills on time and has a fantastic credit score. He has been with h
oksano4ka [1.4K]

Joseph is probably denied credit due to his bad character, which is an essential element of the Three C's of Credit.

<h3>What are the Three C's of Credit?</h3>

To determine the credibility of a person for grant of a loan or an advance, a lender takes into consideration the Three C's of credit, which are as follows,

  1. Character
  2. Capacity
  3. Capital or Collateral.

Collaterals or Capital help in determination of security of lender from borrower, in case when the borrower is unable to repay the credit. Capacity determines the ability to repay the credit.

Character, on the other hand, helps in determination whether the customer or the borrower's behavior, and the qualities of his or her character in the society.

Hence, the three C's of credit are explained above.

Learn more about the Three C's of Credit here:

brainly.com/question/8743350

#SPJ1

7 0
1 year ago
Martin Corp. permits any of its employees to buy shares directly from the company through payroll deduction. There are no broker
Rashid [163]

Answer: $57,000,000

Explanation:

The employees purchased at a 20% discount which means that this 20% discount is the amount that would have to be covered by the company's pretax earnings:

= 19,000,000 * 15 * 0.2

= $57,000,000

<em>Martin's pretax earnings will be reduced by $57 million because the company would have to cover the discount on the shares. </em>

8 0
3 years ago
Which of the following statements about Jack's lease agent position is most effective? Multiple Choice learned about the lease p
lesya692 [45]

Answer: Manage all lease agreements (new leases, renewals, subleases, and addendums) for 75 townhome tenants

Explanation:

Jack's lease agent position at Golden Sand Townhomes involved him managing all lease agreements in that he filed new leases, renewals, subleases and addendums.

He also attended to customer requests and was in charge of organising special celebrations for the tenants while also assisting in PR functions by helping management with marketing campaigns.

8 0
2 years ago
Jill Angel holds a $200,000 portfolio consisting of the following stocks. The portfolio's beta is 0.875.
ss7ja [257]

The options provided are incorrect. The correct answer is given below

Answer:

New Portfolio beta = 1.125

Explanation:

The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The formula to calculate the beta of a portfolio is as follows,

Portfolio beta = wA * Beta of A + wB * Beta of B +  ....  +  wN * Beta of N

Where,

  • w represents the weight of each stock in the portfolio

New Portfolio beta = 50000/200000 * 0.8  +  50000/200000 * 1  +  

50000/200000 * 1.2  +  50000/200000 * 1.5

New Portfolio beta = 1.125

6 0
2 years ago
Other questions:
  • True or False? With a product differentiation strategy a company can either actually change the product or just position it diff
    7·2 answers
  • CAPM says that portfolio returns are best explained by: Group of answer choices Systematic risk Specific risk Economic factors D
    13·1 answer
  • The annual percentage rate on a credit card determines _______.
    11·2 answers
  • To make, sell, and distribute candy that Ethan has developed, he incorporates his business and designates his sister and brother
    9·1 answer
  • Which of the following is NOT an example of how a bank can make money?
    8·1 answer
  • Which of the following is true about a "credit"? I. It is part of the double-entry procedure that keeps the accounting equation
    14·1 answer
  • A U.S. Treasury bond will pay a lump sum of $1,000 exactly 3 years from today. The nominal interest rate is 6%, semiannual compo
    14·1 answer
  • On December 31, Year 4, Deal, Inc., failed to accrue the December Year 4 sales salaries that were payable on January 6, Year 5.
    13·1 answer
  • Brand equity is an unofficial <br><br> A. opportunity.<br> B. trademark.<br> C. asset.<br> D. luck.
    13·1 answer
  • In an economy open to international trade ________.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!