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STALIN [3.7K]
2 years ago
15

Broker Marty listed Jane’s home and showed it to Buyer Paul. Their listing agreement specified that Marty would receive a 7% com

mission and the safety period was set at six months after the listing expiration. After the listing expires, Jane lists her home with Broker Sarah for an agreed upon 8% commission rate. Sarah sells the home to Buyer Paul five months later. Which statement is true?
Business
1 answer:
dolphi86 [110]2 years ago
4 0

Answer:

Jane owes 8% commission to Broker Sarah and 7% commission to Broker Marty

Explanation:

Since Marty showed Paul the house while his agreement with Jane was valid, Paul is a prospective buyer that was originally registered as such by Marty. Since the safety period is 6 months, and Paul eventually bought the house only 5 months after Marty's agreement expired, Paul was still Marty's prospective buyer for up to 6 months.

Since Sarah negotiated the sale with Paul, Paul is also Sarah's buyer. If Paul had directly negotiated with Jane, she would only a commission to Marty.

Generally, when properties are listed again with different brokers, the list of prospective buyers form the previous broker is passed to the new broker. The seller of the house can request that the new and old broker get in touch and share a commission if any prospective buyer returns, but that has to be done before the sale is closed. It cannot be done afterwards, since the seller will then have to pay double commissions.

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An account with a financial institution used to pay taxes and insurance is called _____
Otrada [13]

An account with a financial institution used to pay taxes and insurance is called An escrow account.

Answer is An escrow account

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2 years ago
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To complete the first setup on a new machine took an employee 280 minutes. Using an 75​% cumulative average−time learning curve
iogann1982 [59]

Answer: 140 minutes

Explanation:

From the question, we are informed that to complete the first setup on a new machine took an employee 280 minutes. Using an 75​% cumulative average−time learning curve indicates that the second setup on the new machine is expected to take​:

We first multiply the 75​% cumulative average−time by the 280 minutes used. This will be:

= 280 × 75%

= 280 × 0.75

= 210

(280 + y)/2 = 210

280 + y = 210 × 2

280 + y = 420

y = 420 - 280

y = 140 minutes

4 0
2 years ago
The owners of a small bar and grill want to run an ad on local radio in the town where the business is located. Their objective
sattari [20]

Answer:

Determine the local radio listening audience by:

1. Compare online streaming listeners

2. Conduct Survey

3. Check radio station's ratings

Explanation:

1. Since most radio stations stream their programs live online, the owners of the small bar and Grill could determine the number of listening audience.

2. A survey conducted or could be conducted that shows what timing would be best to broadcast the awareness ad is another option.

3. Ratings of the local radio stations is an indicator of which stations have a wider signal range.

8 0
2 years ago
A company incurs $3,600,000 of overhead each year in three departments: Processing, Packaging, and Testing.
Over [174]

Answer:

its 1,800,000

because it the answer

8 0
2 years ago
You are hired as a consultant to decide if your client should purchase a new, highly specialized piece of equipment. The product
igor_vitrenko [27]

Answer:

Given:

Demand = 15,000

Initial investment = $256,000

Variable cost = $15

Selling price = $30

Here, we'll first compute break-even quantity :

i.e. Initial \: investment + variable \: cost \times Quantity_{break\:even} = Quantity_{break\:even} \times selling price

256,000 + 15 \times Quantity_{break\:even} = Quantity_{break\:even} \times 30

Quantity_{break\:even} = 17,067 units

From above we can state that the demand is less than break-even quantity i.e. in this case the organization will not be able to recover the investment made.

<u><em>Therefore, the company's total margin will be less than its investment.  </em></u>

<u><em>The correct option is (b)</em></u>

5 0
2 years ago
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