<u>Explanation:</u>
The legal duties which a person needs to fulfill as a real estate agent or broker is known as the fiduciary duties. Fiduciary duties are acted upon in the best interest of the client.
OLDCAR is the fiduciary duties acronym for that a real estate agent needs to maintain. They are as follows
Obedience: They need to obey instructions and be legal and follow ethical practices.
Loyalty: In competing offer situations agents should be loyal to their customers.
Disclosure: material facts have to be disclosed to the client.
Confidentiality:Personal information of client should not be shared without his consent.
Accountability : accurate reporting has to be given.
Reasonable care : special care should be given for the client.
Answer: (A) Identify issues that need to be addressed
Explanation:
According to the given question, on the basis of the Ethical decision framework the first thing that the Garrett should do is to identifying the main issue or problem and then it is need to be addressed so that we can effectively resolve the given problem timely.
For promoting the alcoholic beverages, Garrett firstly going thought all the Ethical principle and the practices so that it can help him to make the effective decisions for the purpose of promoting and increase the visibility of alcoholic beverages to the customers or users in the local market.
Therefore, Option (A) is correct answer.
TechSmart managers are implementing distributive justice.
<h3>What is distributive justice?</h3>
Employees experience distributive justice when they think that results are fair. These results can be measurable, like pay, or intangible, like appreciative remarks. In the event that staff members feel fairly compensated or handled, distributive justice is achieved. When equal effort does not result in equal rewards or when a person or group obtains an excessive amount of goods, distributive justice is lacking.
When equals enjoy the same distribution of benefits, distributive justice has unquestionably been attained. In a constitutional democracy, governmental policies that guarantee social security or healthcare to all retirees and the old are examples of distributive justice.
Learn more about distributive justice here:
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Answer:
<em>a)Corrected net income= $97,000</em>
<em>b) Total assets figure is understated.</em>
Explanation:
<em>To arrive at the net income, cost of goods sold is usually deducted from the sales revenue. An cost of sold is determined by subtracting the value of inventory. So an understated inventory would mean an overstated </em><em>cost of goods sold </em><em>and </em><em>understated net income</em>
<em>Correct net income = 90,000 + 7,000</em>
<em> = $97,000</em>
<em>Inventory is part of current assets s reported in the balance sheet . Therefore, if inventory is understated it implies that the current assets figure is understated and therefore the</em><em> total assets figure is understated.</em>
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