The correct answer is "postindustrial society". This term refers to a type of economic order that is characterized by a shift away from manufacturing and manual labor towards information and service-based industries.
In a postindustrial society, those who possess advanced knowledge and skills, particularly in fields related to technology and information, tend to be the most successful and financially secure.
This is because these industries are growing rapidly and offer high-paying jobs that require specialized training and education.
Overall, a postindustrial society is one in which knowledge and information are highly valued and play a critical role in shaping the economy and society as a whole.
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Suppose that you know that the price elasticity of demand is 1.3. If we increase the price of this product, then the total revenue will
The way to calculate price elasticity is to divide the change in demand (or supply) by the change in price
PRICE ELASTICITY - If the cost of "World's Greatest Boss" mugs decreases by 10% while the supply decreases by 5%, the PES is.5, and the market is said to be inelastic. The price elasticity of supply (PES) for bobbleheads is 1.3 if the price increases by 15% and the supply increase by 20%.
If the value is one, your product is unit elastic, meaning that changes in price correspond to changes in either supply or demand.
A score larger than one indicates that your product is elastic and that changes in price will result in changes in supply or demand that are not proportional to those changes.
A number of 1 indicates that your product is inelastic, meaning that changes in price will only cause a modest change in either supply or demand.
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Which one of the following actions is usually a dependable and appealing way for managers to try to boost their company's EPS
When a company buy back its own shares it can have a higher EPS that is Earnings Per Share.
What is Earnings?Earnings are the revenue that is earned by a company by selling its goods and services to the customer. A company generates revenue and this is the sole reason why a company exists, the expenses incurred by the company and borne by the revenue and it is recommended that the expenses are lower than the revenue generated.
Earnings per share can be boosted easily by buying back company shares, a company can buy back its own shares and this is known as treasury shares. However the shares are then no more in the market and thus the shares held by the investors decrease and so the EPS increase.
Earnings are divided by the number of shares in the market and if it is divided by a lower number the EPS is boosted easily.
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According to fiedler’s contingency theory of leadership, leader behaviors are to change, and leaders perform best in intermediately favorable situations. True or false?.
According to fielder's contingency theory of leadership, leader behaviors are to change, and leaders perform best in intermediately favorable situations. False
What is fielder's contingency theory of leadership?According to Fiedler's Contingency Theory, a leader must adapt their style of leadership to the circumstances at hand in order to be successful. This model will help you discover your own leadership style, evaluate the scenario that calls for leadership, and decide if you are the best candidate.
What is the importance of Fiedler's contingency theory and path goal leadership?According to Fiedler's Contingency Theory, a leader's capacity to exert effective control over a circumstance is just as important as the style they employ. Strong leader-member relationships are essential for success. Additionally, task presentations must be made by leaders with goals and methods stated.
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In the circular flow model, the value of total income for an economy ________ the value of total production.
In the circular flow model, the value of total income for an economy equals the value of total production.
The circular flow model is an economic model that presents how money, goods, and services move between sectors in an economic system. The main purpose of the circular flow model is to understand how money moves within an economy.
Sectors involved in the circular flow model are:
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The income statement provided is from June. Since Aafreen operates her restaurant on a calendar year, the net income represents the profit for half the year. Assuming that sales and expenses stay relatively consistent for the remainder of the year, how much profit should Aafreen expect to make for the entire year
The income statement is one of the most common and important financial statements. The income statement, also known as the income statement (P&L), summarizes all income and expenses over a period of time, including the cumulative impact of income, profits, expenses, and loss transactions.
S stands for Selling Expenses and includes the costs of advertising, selling, and delivering goods and services. Selling expenses include sales materials, travel expenses to customers and prospects, advertising expenses, salesperson salaries and commissions, and so on.
Operating expenses — also known as selling, general, and administrative (SG&A) expenses — are the costs of running a business. These include rent and utilities, marketing costs, computer equipment, and employee benefits.
Income Statement June 201x
6.7% 82-51.
SALES
Food
Beer
Vine Total Sales
June
YTD
$55,200 4450
$3,31,200
27,500
3550
5.3%
20 500
3,700
5.5% $64,9.00 100%
23,250
$402,450
822 6.870
5-091
5.8% 100%
COST OF SALE & Food
$17,150
31-11
$101,7.50
25.3%
Liquor
6,400
1.5%
Beer
875 24-6% 31.11
4,850
1.22
Wine
1,150
8,750 2.172
Tot allost of Sales
$29315.
30-42.
$121,750
30.3%
1,140
25.6%
LABOR
Management
Staff Employee Benefits
Total Labour PRIME COST
$4750
7.1%
$28,500
7.1%
13525 20-2% 6.31.
79,500
19.8%
4225
23,750 5.9%
$22.500
33.61
$1,31,750
33-7%
$42,815
64.0%
$353,500
6-37
1150
1.8
OTHER CONTROLLABLE
EXPENSES
Direct operating Expenses Music & Entertainment
$3450
5.2%
$23450
5.6%
275
0.4%
1.07%
Marketing Utilities
1.71
1850
3.1% 4.5%
General & Admin Expenses Repair & Maintenance
2950 950
Total other Controllalele
10, 625
15.91. 1.4%
$66,000 16.47. 3850
Expenses
Controllable Income
$23460
20-11
$82950
20.67.
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The aging of accounts receivable method of determining bad debts expense is based on the knowledge that the longer a receivable is past due, the more likely it is to be collected. Group startsTrue or False
False
Which method for estimating bad debts is generally considered to be the most accurate?Bad debt is a cost of extending credit to customers. Loans or unpaid balances that must be written off because they are no longer considered recoverable are referred to as bad debt. As there is always some default risk associated with offering credit to customers, this expense is a cost of doing business with them.
Since it is a temporary account, at the conclusion of the accounting period, its balance is closed (reduced to zero).
The proportion of credit sales approach is typically thought to be less accurate than the aging of accounts receivable method. In general, the longer a receivable stays unpaid, the less probable it is to be paid, and this is taken into account by the aging of accounts receivable approach.
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Economists believe that production possibilities frontiers are often bowed because?
Economists believe that production possibilities frontiers are often bowed because some resources are better suited to the production of some goods than other goods.
What is the production possibilities frontier?This is the term that is used to refer to the way that a particular country is going to go about the allocation of its scarce resources so that they may be able to produce as much outputs as they can in the economy. The frontier is one that helps to show the different combination of output that is possible.
This is usually shown on a graph. Hence we can conclude that the production possibilities frontiers are often bowed because some resources are better suited to the production of some goods than other goods.
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You are considering buying a store. in order to better assess your return on the investment, your expectations of the return should be based on:_______.
a. Days where sales are high, costs are low
b. Days where sales are low and costs are high
c. Days where both sales and costs are low
d. A weighted average of all the above scenarios
You are considering buying a store. in order to better assess your return on investment, your expectations of the return should be based on " A weighted average of all the given scenarios."
Return on investment (ROI) is a measure of performance which is used to evaluate the efficiency or the profitability of an investment or to compare the efficiency of many different investments.
Return on investment tries to measure the amount of return on a particular investment directly , which is in relation to the investment’s cost.
To calculate Return on investment, the benefits (or return) of an investment are divided by the cost of the investment. The result which is obtained is expressed as a percentage or a ratio of return on investment.
Therefore, the correct answer will be option (D)
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Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as ______.
a. investing
b. accounting
c. finance
d. management
Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting.
What is accounting?Accounting involves keeping detail record, grouping and classifying.
The financial events and transactions are provided in an organized form.
This is done to make good decisions about the company finances and for future prospect.
Therefore, recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting
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Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as accounting.
What is accounting?
Accounting involves the process of recording business transactions, classifying them as assets, liabilities, income and revenue, then summarizing the transactions by putting together related transactions and finally interpreting the prepared financial statements items to determine whether the performance of the company has improved or declined over time.
Financing means raising the needed capital for a project or a company using financing options such as equity or bonds.
Investing implies placing the funds raised into asset that gives returns.
Finally, management is the group of individuals in charged of a company to ensure its goals are achieved
Overall, the correct option in this case as the 4 functions highlighted are only captured by accounting.
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A middleman that takes title to products and then sells the products to other firms is commonly referred to as a(n)?
A middleman that takes title to products and then sells the products to other firms is commonly referred to as an wholesaler.
Middlemen are classified into two categories, namely merchants and agents. Merchants, such as wholesalers and retailers, buy and re-sell their goods, and agents, such as real estate agents or brokers specialize in negotiations involved in transactions.
Many producers do not sell products or services directly to consumers and instead use marketing intermediaries. These intermediaries, such as middlemen (wholesalers, retailers, agents, and brokers), typically enter into longer-term commitments with the producer and they make up a marketing channel, or a distribution channel for their products.
Hence, a middleman is a wholesaler who title the products and then sells the products to other firms in the market.
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Focused reports help managers before recommending solutions. Reports that present data without conducting analysis are . Indirect strategy reports .
A) Focused reports help managers analyze the challenge before recommending solutions.
What are focus reports?(FOCUS) report includes a balance sheet, income statement, net capital calculation, and equity reconciliation. The intent is to demonstrate to regulators the financial position of the firm and its ability to maintain sufficient net capital.
B) Reports that present data without conducting analysis are Informational reports
What is a informative report?An informational report is one that contains details information of any event without analysis or recommendations. In this case, the job of the reporter is to present the facts or data but not to provide any explanation. Officers, board of directors and stockholders of the company usually read such a report.To learn more about Focus reports and informational reports, click the links.
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Correct Question -
A) Focused reports help managers before recommending solutions.
B) Reports that present data without conducting analysis are called . .
If you were told that the exchange rate was 1.2 Canadian dollars per U.S. dollar, a watch that costs $12 US dollars would cost
If the exchange rate was 1.2 Canadian dollars per US dollar, a watch that costs $12 US dollar would cost 14.4 Canadian Dollars.
What is Exchange Rate?An exchange rate is the currency difference that two different currencies have this rate converts one currency into another. There are countries whose currency is high and there are small countries whose currency is too low, exchange rate helps to convert currency.
1 US Dollar is equal to 1.2 Canadian Dollars, while calculating the cost of watch we need to multiply the US dollars with the exchange rate given to get the amount in Canadian Dollars.
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Among the major channels of management communications, _____ is the predominant method of communicating
Of the major channels of management communication, the predominant method is B. Talking.
What channel of communication do managers prefer?Managers generally prefer to talk to their subordinates as they believe this would communicate their message more effectively.
This is why managers communicate by talking about 75% of the time with the other channels such as email sharing the remaining 25%.
Options for this question include:
A. E-mail
B. Talking
C. Texting
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the seattle corporation has been presented with an investment opportunity whihc will yield cash flows of 30000 per year
b. 4.86 years is the payback period for this investment.
Year 0 1 2 3 4 5 6 7 8 9 10
Investments cost $ (150,000)
Yielding cash 30000 30000 30000 30000 35000 35000 35000 35000 35000 40000
Net cash flow $ (150,000) 30000 30000 30000 30000 35000 35000 35000 35000 35000 40000
Cumulative cash flow $ (150,000) (120,000) (90,000) (60,000) (30,000) 5,000 40,000 75,000 110,000 145,000 185,000.
Payback period = 4+(30000/35000)
(Years) = 4.86
The payback period is defined as the number of years required to recover the original cash investment. In other words, it is the period during which a machine, plant, or other investment has generated sufficient net income to cover its investment costs.
The question is incomplete. Please read below to find the missing content.
The Seattle Corporation has been presented with an investment opportunity that will yield cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. This investment will cost the firm $150,000 today, and the firm's required rate of return is 10 percent. Assume cash flows occur evenly during the year, 1/365th each day. What is the payback period for this investment?
a.
4.00 years
b.
4.86 years
c.
6.12 years
d.
4.35 years
e.
5.23 years
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According to which fiduciary duty is an agent prohibited from forcing on his or her client a sale, lease or opportunity to buy...?
According to Loyalty and fiduciary duty is an agent prohibited from forcing on his or her client a sale, lease, or opportunity to buy
This is further explained below.
What exactly does it mean to have loyalty fiduciary duty?According to the loyalty and fiduciary obligation, it is against an agent's duty of loyalty and fiduciary responsibility to pressure a client into a sale, lease, or opportunity to acquire real estate. This is specified in both obligations.
In conclusion, the duty of looking out for the interests of the health and safety of another person or organization is referred to as a fiduciary obligation. It may be said that a duty of fiduciary responsibility covers both the duty of loyalty and the requirement of care, although this definition is very simplistic. To put it another way, the activities of the fiduciary are required to always be in the best interests of the client or beneficiary.
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In the _______ case, the U.S. Supreme Court held that the FAA applies to arbitration clauses contained in employment contracts even when an employee brings suit against an employer for violating federal anti-discrimination laws.
The answer is Gilmer v. Interstate.
Some facts of this case includes:
After working for Defendant Interstate for six years, Plaintiff Gilmer was let go. Gilmer, the plaintiff, asserted that he was fired due to his age in a complaint for age discrimination with the Equal Employment Opportunity Commission (EEOC) and a lawsuit against the defendant under the Age Discrimination in Employment Act (ADEA). Plaintiff Gilmer signed an agreement when he submitted his registration application to the New York Stock Exchange, which said the Plaintiff committed to arbitrate any disagreement with the defendant. Defendant Interstate then filed a request to compel arbitration, citing this agreement. According to Alexander v. Gardner-Denver Co., the district court rejected Defendant Interstate's request to compel arbitration and held that Congress did not intend to limit ADEA claimants' legal recourse.Hence, In the Gilmer v. Interstate case, the U.S. Supreme Court held that the FAA applies to arbitration clauses contained in employment contracts even when an employee brings suit against an employer for violating federal anti-discrimination laws.
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Which type of agreement is one in which performance by one party depends on the occurrence of an uncertain event
A gambling agreement is one in which performance by one party depends on the occurrence of an uncertain event.
A gambling contract is a contract to participate in a game of chance. In a gambling contract, the two parties bet something, specifically money, to get a chance to win a prize or amount. Contracts related to legitimate gambling activities are valid only if gambling is legal.
Gambling contracts are also known as gambling contracts. Gambling contracts or transactions are generally illegal and cannot be enforced. Therefore, such a contract is invalid from the beginning. A gambling contract is invalid regardless of the form of the contract and the laws governing or prohibiting it.
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Suppose you have invested in 2 assets whose annual returns are shown in the following table. If you invest $1000 in each asset
Based on the amount invested and the interest rates, the value of both assets in 5 years is:
Asset A = $1,710.66Asset B = $1,483.27What are the value of the assets after 5 years?Value of Asset A:
= 1,000 x 1.18 x 1.13 x 1.07 x 1.09 x 1.1
= $1,710.66
Value of Asset B:
= 1,000 x 1.25 x (1 - 10%) x 1.12 x 1.09 x 1.08
= $1,483.27
Full question is:
What will be the value of each asset at the end of year 5?
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Wesson Metals has an outstanding loan that calls for equal annual payments of $9,768.46 over the life of the loan. The original loan amount was $50,000 at an APR of 8.5 percent. How much of the second loan payment is interest
If Wesson Metals has an outstanding loan that calls for equal annual payments of $9,768.46 over the life of the loan. The original loan amount was $50,000 at an APR of 8.5 percent. The amount of the second loan payment interest is:$3,780.93.
Second loan payment interestYear 1
Interest paid = 50000 × 0.085 = $4,250
Principal amount paid =$9,768.46 - $4,250 = $5,518.46
Principal remaining = $50,000 - $5,518.46= $44,481.54
Year 2
Interest paid =Principal remaining × Interest rate
Interest paid = $44,481.54× 0.085 = $3,780.93
Therefore If the original loan amount was $50,000 at an APR of 8.5 percent. The amount of the second loan payment interest is:$3,780.93.
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The marginal benefit curve is:
Answer:
the demand curve is the marginal benefit curve.
Explanation:
The maximum amount of other goods and services. they are willing to sacrifice for one more unit of the good.] Therefore, the demand curve is the marginal benefit curve. Consumer Surplus. When an individual pays less than his or her marginal benefit.
Sheila owns a timeshare that gives her ownership of the property for a certain number of weeks per year in perpetuity. what type of timeshare is this?
It is timeshare estate. A timeshare is a type of vacation property where several buyers share ownership of certain usage rights to the same property. Numerous various types of properties, including vacation resorts, condos, apartments, and campgrounds, can use the timeshare model.
A buyer can purchase a timeshare for a fixed week, where they have a specific week each year, or a floating week, where they can only use property for a certain season. Ownership might occasionally demand control of a property, time-sharing is popular. Timeshare disadvantages include a lack of changeability, yearly maintenance expenses, and challenges in selling one.
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A zero coupon bond: Group of answer choices is sold at a large premium. has a market price that is computed using semiannual compounding of interest. can only be issued by the U.S. Treasury. has less interest rate risk than a comparable coupon bond. has a price equal to the future value of the face amount given a positive rate of return.
zero coupon bond equal to the future value of the face amount given a positive rate of return.
Bond with No Coupon Zero coupon bonds do not pay interest during the term of the bond. Rather, investors purchase zero coupon bonds at a significant discount to their face value, which is the amount the investor would get when the bond "matures" or comes due.
What is Zero coupon bonds?A zero-coupon bond, also known as an accrual bond, is a debt security that does not pay interest but instead trades at a steep discount, yielding a profit when redeemed for its full-face value at maturity.
A zero-coupon bond is a type of debt asset that does not pay interest.Zero-coupon bonds trade at steep discounts and pay full face value (par) at maturity.The difference between the purchase price and the par value of a zero-coupon bond represents the investor's return.What is the difference between regular bonds and zero-coupon bonds?Regular bonds, commonly known as coupon bonds, pay interest over the life of the bond and reimburse the principle when it matures. A zero-coupon bond, also known as an accrual bond, is a debt security that does not pay interest but instead trades at a steep discount, yielding a profit when redeemed for its full-face value at maturity.
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M1 and M2 are two definitions of the money supply. Determine whether the items listed are included in the money supply under each of these definitions.
The M2 includes balances in saving accounts, certificates of deposit, and money market account balances, the M1 & M2 includes Currency, traveler's checks, and balances in checking accounts while the M1 nor M2 are Credit Cards, Gold, and Common Stock.
What is a money supply?This refers to the total amount of money such as cash, coins, balances in bank accounts that are in circulation in a year.
M1The M1 means the most liquid money that comprised of the currency, traveler’s check, and checking account deposits.
M1 = Currency + traveler check + checking account deposits.M2The M2 is broader measure of Ms although it is has a less liquid measure compared to M1 and consists of currency, traveler’s checks, checking deposits, savings accounts, money market mutual funds etc
M2 = M1 + savings accounts deposits + money market mutual funds.M3The M3 is broader measure of Ms as it includes M2 money as well as large time deposits, institutional money market funds, short-term repurchase agreements, larger liquid funds etc.
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If Bob and Mike were analyzing how they motivate their employees in terms of ERG theory, which of the following would be true
Bob and Mike should learn from seminars how to meet an employee's growing need, in terms of greater work participation or more pay.
What is ERG theory?It is a psychological theory about motivation, being recognized as a theory similar to Maslow's hierarchy of needs. In the ERG theory, the author Aldefer refers to motivation as the set of needs that are achieved simultaneously, the levels of needs being:
ExistenceRelationshipGrowthTherefore, meeting the set of needs defined by the ERG theory can be positive for creating an organizational culture focused on the growth and development of employee capabilities.
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Sunland Company accumulates the following data concerning a proposed capital investment: cash cost $208,780, net annual cash flows $44,000, and present value factor of cash inflows for 10 years is 5.02 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45).)
Determine the net present value, and indicate whether the investment should be made.
Net present value $enter the net present value in dollarsThe investment select an optionbe made.
The net present value is 12,100. The investment should be made because NPV is positive
The present value of an investment's after-tax cash flows is known as the investment's net present value.
Businesses can make decisions using the NPV technique. It aids in not only comparing projects of the same size but also in determining whether a given investment is profitable or not.
While the net present value has advantages such as taking time worth of money into an account and assisting management in making better decisions, it also has drawbacks such as not taking hidden costs into account and being unable to be utilized by the company to compare projects of various sizes.
NPV =( Net annual cash flows x present value factor) - cost
NPV = (44,000 x 5,02 ) - $208,780 = 12,100
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Appliances multiple choice 1 convenience shopping specialty unsought 2. Automobile battery jumpstart services multiple choice 2 convenience shopping specialty unsought 3. Cemetery plots multiple choice 3 convenience shopping specialty unsought
The question wants us to group the types of shopping in to different categories
Appliances are: shopping goodsAutomobile battery jumpstart services are specialtyCemetery plot are unsought goodsWhat are shopping goods?
They are goods that are more expensive than the convenience goods. They need one to shop for them. Examples are appliances.
What are specialty goods?They are the types of goods that people would refuse to take substitutes for. They search extensively for them.
What are unsought goods?This refers to goods to there are rarely need for people to request for them An example would be funeral services.
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The cash outflow at the start of a project is termed the initial capital investment, and includes?
The cash outflow at the start of a project is termed the initial capital investment, and includes any investment in fixed assets required by the project.
A project cash flow includes revenue and costs. Project cash flow refers to how the cash flows in and out of an organization in regard to a specific existing or potential project.
Initial investment is the amount required to start a business or a project. The cash flow in the initial investment stage is estimated mainly at planning stages of a business or a project. Fixed capital, salvage value, working capital, tax rate, and book value are considered, while calculating the initial cash flows.
Hence, the cash outflow at the start of a project includes any investment in fixed assets required by the project.
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Consider the market in the graph shown. Using the mid-point method, what is the price elasticity of supply when the price increases from $40 to $60
Answer:
I DON'T NO NOOBBBBBBBBBBBBBBBBBB
The sales contract between buyer Milton and seller Tom has been signed. Whose responsibility is it to keep track of all of the buyer contingency deadlines
The sales contract between buyer Milton and seller Tom has been signed. Milton and his agent's responsibility is to keep track of all of the buyer contingency deadlines.
If there is a breach of the majority of contracts, we seek to award "expectation" damages.
This indicates that we want to grant the harmed party damages that would put them in the same situation as if the contract had been successfully carried out. However, in real estate contract situations, this is typically not feasible.Money damages are not regarded as sufficient if the seller breaches, that is if the seller refuses to close.
The buyer can only genuinely get the "advantage of his bargain" if the buyer is granted the property because each parcel of real estate is unique due to its location.Hence, the answer is Milton and his agent.
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Under finra rules, the maximum sales charge that may be imposed on a mutual fund purchase is?
Under finra rules, the maximum sales charge that may be imposed on a mutual fund purchase is 8.5% of the Public Offering Price.
What is meant by FINRA rules?This is the term that is used to refer to the rules of FINRA. This body is a non government group in the United States. They help by enforcing the laws that have to do with the brokers in the country and all of the broker deals that are undergone by the b. The goals that they have in the country is the safeguarding of the public from all forms of frauds and bad practices.
Hence we can conclude that Under FINRA rules, the maximum sales charge that may be imposed on a mutual fund purchase is 8.5% of the Public Offering Price.
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