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grandymaker [24]
2 years ago
8

Napa resident Maria Gonzales, a newly-licensed real estate broker, has just negotiated her first trust deed loan for her client,

Isaac Mahrsan. The loan's term is 5 years, and it is Isaac's first loan. Under Article 7 of the Mortgage Broker Law in California, Maria knows that certain regulations have been set forth regarding her commission in such a transaction. What is the maximum commission for loans subject to Article 7, for first loans?
Business
1 answer:
lutik1710 [3]2 years ago
7 0

Answer:

Maria's maximum commission on this loan is 10 percent of the principal of a loan, which applies to loans of 3 years or more

Explanation:

In article 7, the maximum commission for loans are subject to 10 percent of the principal of a loan of 3 years or more for first loans. Maria's client is a taking a loan for the first time.

This article is found in the mortgage broker law. In Napa California, Maria Gonzalez who is a licensed real estate broker and salespersons can act as a loan broker for her client Isaac Merhsan. This Law is under the California Business and Professions Code and it serves as a regulator for this activity.

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In San Francisco, the typical pay in the installation, maintenance, and repair occupation exceeded the national average by 44 pe
saveliy_v [14]

Answer: Relative pay differential.

Explanation:

Relative pay differential is earnings compared with earnings of others doing the same job.

6 0
2 years ago
A On December 31, 2017, State Construction Inc. signs a contract with the state of West Virginia Department of Transportation to
larisa [96]

Answer:

2018: $78 million

2019: $468 million

2020: $234 million

Explanation:

Given that State Construction incurred costs as follows:

Year                         Cost

2018                         $60 million

2019                         $360 million

2020                        $180 million

Total cost = $60 million + $360 million + $180 million = $600 million

Percentage to total cost ratio is:

For 2018 = $60 million / $600 million = 0.1,

For 2019 = $360 million / $600 million = 0.6,

For 2020 = $180 million / $600 million = 0.3.

Revenue = Percentage to total cost ratio × Contract price.

Contract price = $780 million

For 2018, Revenue = 0.1 × $780 million = $78 million

For 2019, Revenue = 0.6 × $780 million = $468 million

For 2020, Revenue = 0.3 × $780 million = $234 million

3 0
2 years ago
Which of the following is the best analogy for a project plan?
sasho [114]
The answer is B. Blueprints for a house. Hope it help
6 0
1 year ago
Read 2 more answers
Jefferson Refining is issuing a rights offering wherein every shareholder will receive one right for each share of stock they ow
krok68 [10]

Answer:

value of right = $1.95

Explanation:

given data

new shares =  $19 plus 3

current market price = $26.80

to find out

value of one right

solution

we get here value of  rights that is express as

value of rights = \frac{stock \ price - right\ subcription\ price}{no\ of\ right + 1}    .............1

value of rights = \frac{26.80-19}{3+ 1}

value of rights = \frac{7.8}{4}

value of right = $1.95

7 0
2 years ago
1. How has an understanding of consumer behavior helped Coppertone grow in the United States and around the globe? 2. Describe t
True [87]

Answer: The answers are provided below

Explanation:

1. The understanding of consumer behavior which has helped Coppertone grow in the United States and around the world are:

• Its understanding of consumer behavior was along with changing behaviour of consumers.

• Its understanding was along with consumer's changing needs.

• Providing innovative solutions that are in accordance with consumer preferences.

Note that at the beginning, Coppertone started as a tanning product, but later developed nee products when the consumers preferences changed from tanning to skin protection.

2. . The Five stage purchase decision process for a Coppertone customer are:

a. Problem recognition - This is the stage of understanding the problem.

b. Search for information. It is the stage of seeking solution to the problem

c. Comparision of alternatives - This is the stage where the comparative analysis is done. This stage is influenced by the product, price, availability etc.

d. Decision of purchasing - This is the stage of decision making that is based on the comparisons made.

e. Post-purchase feedback - This is the stage whereby the consumer will evaluate the product performance. This stage is vital to retaining existing consumers.

3. The factors that can influence the Coppertone consumer purchase decision process are:

• Psychological: It is the intention of consumers to protect their skin from the sun while going out thereby maintaining their good look.

• Sociological : It is in human behaviour to replicate the things that are being done by other people in the society.

• Situational Factor: This is a case whereby consumers are left with no other alternatives than purchasing a particular product brand to meet their need.

4. The marketing activities Coppertone utilized to help it grow in the marketplace are:

• Advertisment: Coppertone advertisment strategy really worked through its use of the advertisement campaign for “the Coppertone Girl” and also their famous tagline “Tan, Don’t Burn.” This helped spar the product’s popularity.

• Use of social media: They also engage with their customers on social media nd other websites.

5. The challenges that would be faced by Coppertone in the future are:

• There will be an unbalanced demand and supply since the requirement of the product is seasonal.

• Selective usage of the product by the customer can hampers the sale.

• There may be the need for more innovative products in order to meet customer needs.

The recommendation related to each challenges are:

• Awareness should be created among the customers about their self health and looks, in order for them to shift away from seasonal usage.

• New products should be launched aggressively. This is because customers are trendy nowadays and also appealing marketing techniques should be used.

6 0
1 year ago
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