A corporation is found guilty of charging purchasers advanced fees for securing mortgage loans on homes they have listed. What is the punishment for the violation?

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Answer 1

Answer:

A corporation is found guilty of charging purchasers advanced fees for securing mortgage loans on homes they have listed. What is the punishment for the violation? A fine up to a maximum of $50,000.


Related Questions

What type of contract is created by an agreement that is oral when it is required by the Statute of Frauds to be in writing?

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The type of contract created by an agreement that is oral when it is required by the statute and required in writing is: legally voidable contract.

What is a Contract?

A contract is a legal agreement that binds individuals or groups. It defines and governs the mutual rights and obligations of the parties involved.

In a Legally voidable contract, the parties involved create an agreement orally especially when it is required by the statute of fraud. Although contracts that fall outside the statute need not be in writing.

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Joseph has recently been hired by a plumbing company. Which training method will most likely be used to train Joseph

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The most common path is an apprenticeship program.

When a car veers off the road such that the left front wheel goes off the pavement into the gravel before the right wheel, what will happen to the car, and why?.

Answers

The car will tend to turn to the left because the left wheel hits the gravel first and slows down before the right wheel.

What is Wheel?

This is defined as a circular component that is intended to rotate on an axle bearing.

The car will turn to the left as a result of the right wheel covering a greater distance thereby causing the car to turn to the left.

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Percy’s GPA is 2. 75, so he should list it on his résumé. Please select the best answer from the choices provided T F.

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The given statement that GPA of Percy is 2.75, so he should list it on his resume, is the false statement.

What is GPA?

The full name of GPA is the Grade Average Point. A GPA is the sum of all of the individual grade points earned throughout the degree program.

Graduate students are often obliged to have a certain GPA.

At the time of filling out a resume, there are several basic and necessary questions that a person should consider in order to meet the criteria that the client is searching for.

In terms of GPA, Percy's is comparable. It is not appropriate to include it on a resume unless specifically requested or required. Most of the time it isn't required, thus the given statement is false.

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Answer: False

Explanation:2.75 gpa is bad

Michael’s personal property in his college dorm room is insured by an endorsement on his parents’ homeowners insurance. The deductible is $2,000. A flood destroys Michael’s textbooks, which cost $570.93 tablet computer, which cost $868.91 backpack, which cost $141.37 and clothing, valued at $500. How much of the loss will the insurance policy not cover?

Answers

Answer:

81.21.

Explanation:

all you would need to do is add up all the values then subtract 2000.

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View filters may be applied retroactively to any data that has been processed.

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View filters van be applied retroactively to processed data. Therefore, it's true.

What is data?

It should be noted that data simply means the facts and statistics that are collected together for reference or future analysis.

In this case, view filters may be applied retroactively to any data that has been processed.

In conclusion, it's true.

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Alpha associates was organized on january 1, year 1. Alpha was organized as a corporation. Alpha reported $200,000 of before tax income during year 1 and paid a $30,000 cash dividend to its stockholders. Assuming a corporate income tax rate of 30% and a personal income tax rate of 15%, the total amount of tax collected by the government is.

Answers

Explanation:

GIVEN DATA:

Alpha reported =  $200,000

withdrew = $30,000

corporate income tax rate = 30%

personal income tax rate = 15%

SOLUTION:

we get here total amount of tax collect as

total amount of tax collect = Alpha reported amount × personal income tax rate  ...............1

put here value

total amount of tax collect = $200,000 × 15%

total amount of tax collect = $30,000

here no corporate  tax required  and partner is taxed on share of total partnership income regardless of amount withdrawn

so the correct answer is $30,000

When using the four-step process for organizing creative thinking, which step involves ideas beginning to flow?

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Th illumination stage is the stage at which the ideas from creative thinking began to flow.

What is a creative thinking?

This refers to a thinking process that is intented to gain a new insights and different ideas through existing information

The stages of the creative thinking includes:

PreparationIncubationIlluminationEvaluationVerification

In conclusion, the illumination stage is the stage at which the ideas from creative thinking began to flow because the ideas are been illuminated from the mind.

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Among the four-step process for organizing creative thinking, the step of thinking which involves ideas beginning to flow is the Illumination.

What is a creative thinking?

The Creative thinking is defined as the thinking procedure that is intended to obtain a fresh perception and different ideas through existing information.

These behaviors can assist companies in developing services, products and other offers that set them apart from their competition.

Stages of Creative thinking:

There are Four stages of the creative thinking:

   Preparation    Incubation    Illumination    Evaluation

Therefore, illumination phase is the phase at which the thoughts from creative thinking start out to flow because the thoughts are being illuminated from the mind.

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When it comes to credit scores, why is having a thin file not an asset?.

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The possession of a credit thin file is a liability and not an asset because its does not allows lender to access your credit worthiness which makes it hard to obtain loans or credit.

What is a credit scores?

A credit score serves an a finacial tool that helpt to tells about someone's creditworthiness.

Normally, the higher the credit score, the higher the rate of repayment of credit.

Hence, these credit score are used by lenders to decide whether to borrow, extend or deny credit for a borrower.

However, having a thin file is not considerd an asset in credit scores because its does not let us know the willing borrower's repayment history of credit.

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True or false? When creating a budget to repay your student loans, you can
save money by paying only the interest.
O True because paying only the interest reduces the length of the loan and
reduces the total amount you pay in the long-term
True because paying interest means monthly payments will be small
O False because it is not possible to only pay the interest,
O False because paying only interest lengthens the life of the loan and increases
the total amount you pay in the long-term.
Next →
Sign out

Answers

The correct answer choice is; True, because paying only the interest reduces the length of the loan and reduces the total amount you pay in the long-term.

Paying off Student Loans

It follows from study that; while paying off student loans, it usually pays off to pay the interest first. On this note, it follows that the principal of the loan remains constant and hence, compound interest is avoided and consequently, the total amount you pay in the long-term is reduced.

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Eloise, the director of Human Resources at her organization

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Since Eloise is working to determine its human resource needs for the next five years, her first course of action is: assessing the future labor supply.

What is Human resources management?

Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.

This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.

In conclusion, Eloise's first course of action is assessing the future labor supply for her organization.

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Complete Question:

Eloise, the director of human resources at her organization, is working to determine its human resource needs for the next five years. Eloise's first course of action is?

Planning , using a five step process.

What remarketing audiences cannot be defined by default?.

Answers

Answer:

When a report is based on data from a large number of sessions you may see the following notice at the top of the report.This report is based on sessions.You can adjust the sampling.

Explanation:

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When would you include an executive summary in a report?

Answers

Answer: Is B. When the report is 30 Pages long

Explanation: because I know

A company issues $100,000 of 5%, 10-year bonds dated january 1. The bonds pay interest semiannually on june 30 and december 31 each year. If the bonds are sold at par value, the issuer records the sale with a debit to:.

Answers

Assuming  the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.

Journal entry

Based on the information given if the company issues the amount of  $100,000 of 5%, 10-year bonds dated january 1 the appropriate journal entry to record this transaction is:

Debit Cash $100,000

Credit Bond payable $100,000

(To record bonds sold at par value)

Inconclusion the issuer will records the sale with a debit to: Cash $100,000.

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The presence of which magnetic feature best explains why a magnet can act at a distance on other magnets or on objects containing certain metals? fields dipoles domains forces.

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The presence of "fields" magnetic feature best explains why a magnet can act at a distance on other magnets or on objects containing certain metals.

What is the term magnetic fields about?

The magnetic forces exerted by the magnet can act at a distance on other magnets or on objects containing certain metals.

The magnetic fields showcase the presence of magnetic forces. The magnetic forces arise due to attraction and repulsion of the poles inside the material.

Moreover, Opposite poles attract each other while similar poles repel each other.

Therefore, correct option is A.

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Answer:

answer is A. fields

Explanation:

edge 2022 I took the test

After submitting a résumé by mail, how long should you wait before following up with an employer?.

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Answer: one to two weeks

According to Baumrind, which type of parents place firm limits and controls on their child, allows little verbal exchange, and might show rage toward their child

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The type of parents place firm that place limits and controls on their child and allows little verbal exchange is authoritarian.

What is authoritarianism?

Authoritarian serves a kind of control whereby the parents posses the total control over their child.

In this kind of parents place firm, there is always a way to check the activities of the children to avoid bad influence.

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Relative to the u. S. Constitution, the texas constitution is – and adopts a tone of – governance.

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Answer:

longer ; limited

Explanation:

How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by eliminating tariffs and taxes on imports and exports by encouraging countries to provide open access to trade by helping smaller countries compete in the world market

Answers

A trade agreement (sometimes known as a trade pact) is a comprehensive tax, tariff, and trade treaty that frequently contains investment guarantees.

What are the benefits of international trade and agreement?

Some of the advantages of a trade agreement include reduced tariff barriers, increased exports, economies of scale, increased competition, use of surplus raw materials, and so on. These are some of the benefits gained by international traders as a result of trade agreements.

Thus Option C is correct about the trade agreement.

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Answer:

How do trade agreements of international organizations affect trade?

by incentivizing the development of trade policies

by eliminating tariffs and taxes on imports and exports

by encouraging countries to provide open access to trade  The answer

by helping smaller countries compete in the world market

Elasticity measures the responsiveness of Multiple choice question. one variable to changes in another. one variable to changes in many other variables. many variables to changes in many variables. many variables to changes in one variable

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One variable to changes in another

Elasticity measures the responsiveness of one variable to changes in another. The correct option is A.

What are the measures of elasticity?

The price of the commodity, the price of related goods, and consumer income are the three quantifiable factors that determine demand and are used to calculate its elasticity. Price, cross, and income elasticities of demand are the three types of elasticities of demand.

The degree to which the quantity of a good is demanded in response to a change in its price is known as its elasticity of demand. The formula for calculating it involves dividing the proportionate change in quantity demanded by the proportionate change in the price level.

Elasticity is a measure of a variable's receptivity to changes in another variable. Elasticities are unitless, so you can measure the underlying variables in any way you like and they won't affect the elasticity. Elasticity and slope are not the same.

Thus, the ideal selection is option A.

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What is the advantage of displaying data in a graph rather than just listing data in a table?.

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Answer:

✒️Answer:

Because of their visual nature, they show the overall shape of your data. This is when you should use graphs instead of tables: The message is contained in the shape of the values (e.g. patterns, trends, exceptions). The display will be used to reveal relationships among whole sets of values.

Explanation:

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Selena, an IT manager, needs to communicate to all of the company's long-term customers that their consulting rates will be increasing in the new year. Which guideline should Selena follow while communicating this bad news?

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The guideline that Selena, an IT manager should use when communicating bad news to her customers is to use specific and simple language that conveys her message effectively.

How to communicate bad news?

The use of indirect communication can help to soften the central message, because in this approach the message begins with the explanation of the reasons that led to the news, generating a greater sense of understanding in the receiver.

Therefore, it is essential that there is clear and honest communication, introducing possible solutions so that the bad news is received in a less impactful way.

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The world of global logistics can be rather complex. As a result, companies sometimes need assistance in moving their products around the world. Suppose ford, an american company, manufactured cars in the usa but was going to send them to italy. What type of logistics intermediary is instrumental in helping ford create a logistics plan to get their cars out of the united states?.

Answers

The type of logistics intermediary that will be instrumental in helping Ford to create a logistics plan to get their cars out of the United States into Italy is E. Freight Forwarder.

Who is a Freight Forwarder?

A freight forwarder is a company that acts on behalf of importers, exporters, or other companies to ensure the safe, efficient, and cost-effective movement of goods, especially outside the exporter's country.

The logistics intermediary that will create a logistics plan for Ford is not a Longshoreman, Dispatcher, Customs house broker, FTZ, Customs agent, or Incoterm.

Answer Options:

A. Longshoreman

B. Dispatcher

C. Customs house broker

D. FTZ

E. Freight Forwarder

F. Customs agent

G. Incoterm

Thus, the type of logistics intermediary that will be instrumental in helping Ford to create a logistics plan to get their cars out of the United States into Italy is E. Freight Forwarder.

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Measuring performance relative to planned objectives and standards is part of:.

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Measuring performance relative to planned objectives and standards is part of controlling.

What is controlling?

Controlling helps to manage, supervise or oversee a given task or assignment.

It helps to measure how far or well a given task has been done relative to the target.

Therefore, Measuring performance relative to planned objectives and standards is part of controlling.

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Select all that apply Which of the following budgets are directly based on information from the sales budget? Multiple select question. Direct materials budget Production budget Direct labor budget Selling and administrative expense budget

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The budgets that are directly based on information from the sales budget include:

Production budget.Selling and administrative expense budget.

What is a sales budget?

It should be noted that a sales budget simply means a financial plan that estimates the revenue for a particular period.

In this case, the production budget and selling and administrative expense budget are based on sales budget.

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Which form do independent contractors receive from clients to verify income
received during the year?
a. w-2
b. w-4
c. 1040
d. 1099

Answers

Answer:

1099

Explanation:

got it right

Answer:

D.1099

Explanation:

Assume laura has a managing board that includes members from the jojo maman bebe sales, operations, and finance departments. Based solely on this information, what type of team would this most likely be?.

Answers

Based on this information, they would be considered a cross functional team, made up of professionals from different specializations.

What is a cross functional team?

It is a group of people with different but complementary professional experiences and skills who work for a shared goal.

The members of this type of team have and contribute different academic backgrounds that nurture the group, in addition to each one having a very different profile and an experience that enriches the whole.

Therefore, we can conclude that based on this information, they would be considered a cross functional team, made up of professionals from different specializations.

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Suppose that monetary neutrality and the fisher effect both hold. An increase in the money supply growth rate increases.

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Any increase in the money supply growth rate will increase the inflation rate and nominal interest rates if the monetary neutrality and the fisher effect both on hold.

What is monetary neutrality?

The theory holds that the changes in the money supply only affect the general prices, but not overall economic productivity.

What is the fisher effect?

The effect explains the relationship between inflation and real & nominal interest rates.

In conclusion, if the monetary neutrality and the fisher effect both hold, then, any increase in the money supply growth rate will increase the inflation rate and nominal interest rates

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One of the principles of hierarchy is a clear ______ chain of command.

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Answer: One of the principles of hierarchy is a clear vertical chain of command.

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Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved b) a form of compensation whereby a percentage of company profits is distributed to the employees whose work helped to generate them monetary rewards offered by companies for exceptional c) performance as incentives to further increase productivity an incentive system that pays a fixed amount or a percentage of the employee's sales

Answers

After every service rendered, there is a payment for it. when it is hourly, it is termed wages, when it is monthly, then, it is called salary.

Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved

Wages

Wages a payment usually of money for labor or services usually according to a contract and on an hourly, daily, or piecework basis.

Therefore, the it refers to rewards based on the number of hours the employee works or the level of output achieved.

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