broker sam lists a house and sells it 2 months into the listing period. after closing sam tries to collect his commission but the seller refuses and proves that he is not legally obligated to pay a commission. what type of listing did sam most likely have? select one: a. exclusive agency listing. b. open listing. c. net listing. d. exclusive right-to-sell listing.
Answers
d. Exclusive right-to-sell listing. Sam most likely had an exclusive agency listing where the seller is not legally obligated to pay a commission if they sell the house independently within the listing period.
In an exclusive agency listing, the seller agrees to work exclusively with one real estate broker or agent, but reserves the right to sell the property themselves without paying a commission. In this scenario, the seller was able to sell the house within the listing period without the involvement of Sam, the broker. As a result, the seller can argue that they are not legally obligated to pay a commission since they found the buyer independently.
To further elaborate, an exclusive agency listing grants the broker the exclusive right to represent the seller and market the property. However, if the seller finds a buyer without the broker's assistance, they are not required to pay a commission. This type of listing provides a level of flexibility for the seller while still maintaining a relationship with the broker. It incentivizes the broker to actively market the property and find a buyer to secure their commission. However, if the seller successfully sells the property on their own efforts, they can avoid paying the broker's commission.
In summary, based on the scenario provided, it is likely that Sam had an exclusive agency listing, where the seller is not legally obligated to pay a commission if they sell the house without the broker's involvement.
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Related Questions
During a group session, the only Persian member and another member ended up in a heated debate about cultural differences. The leader, also Persian, was caught off guard and unsure of how to address the situation in the moment, struggling with an internal conflict. What was the leader’s fear?A) Connecting with the Persian member.
B) Overidentifying with the non-Persian member.
C) Connecting with the non-Persian member.
D) Overidentifying with the Persian member.
Answers
Answer: D. Overidentifying with the Persian member.
Explanation:
The leaders fear in this case is over identifying with the Persian member. Since the leader is Persian, he is afraid that he could overidentify with the Persian member and this could bring about biasness with the way he handles the issue.
Therefore, based on the given options, the correct answer is D.
Maxine and her friend Alice share a love of listening to music from England. They spend
plenty of sleepovers listening to their favorite bands and are always sharing new songs or
artists with each other.
One day, Alice excitedly tells Maxine her dad bought her tickets to a huge music festival in
England where some of their favorite bands will play. Plus, she has a ticket for Maxine, and
Alice's dad said he'll cover half of Maxine's airfare. The other half is only $412. Maxine feels
like this is a once-in-a-lifetime opportunity. Should Maxine use her emergency fund to take this super rare opportunity? Explain your reasoning.
Answers
Based on the given information Maxine should not use her emergency fund to take this super rare opportunity as it is intended to use in an unforeseen situation.
What is an emergency fund?
An emergency fund is said to be savings that an individual intended do in order to meet challenges that are not predictable and unforeseen for them.
An emergency fund shouldn't be used for a planned vacation or other predictable expenses; rather, it should only be used in the event of an unexpected event. You don't have to deprive yourself of small comforts in life.
In the given case, the music concert is not an unforeseen event is a planned vacation so the emergency fund should not be utilized.
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Sparky's incorrectly included inventory that was on consignment in its ending inventory count. Consequently, the ending inventory was overstated on the balance sheet. Explain how this error will affect this year's income statement. (Check all that apply.)
Answers
Answer:
Net Income will be Overvalued.
Explanation:
If closing inventory is overvalued, the cost of sales figure will be undervalued, consequently the gross profit and the net income for the year will be overvalued.
When developing an advertising campaign, the company first identifies and analyzes the target audience then
Answers
Answer: defines the advertising objectives
Explanation:
A contract wherein the buyer agrees to pay a specified interest rate on a loan that will be originated at some future time is called a
Answers
forward rate agreements
Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
Answers
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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A company database needs to store information about employees (identified by IDno, with salary and phone as details), departments (identified by dno, with dname and budget as details), and children of employees (with name and age as details). Employees work in departments; each department is managed by an employee; a child must be identified uniquely by name when the parent (who is an employee; assume that only one parent works for the company) is known. We are not interested in information about a child once the parent leaves the company. Draw an ER model that captures this information. The answer should also show clear entities, attributes, relationships, and possible cardinality
Answers
The ER model includes three entities: Employee (IDno, Salary, Phone), Department (dno, Dname, Budget), and Child (Name, Age). The relationships are: Employees work in departments (WorksIn, 1:1), each department is managed by an employee (Manages, 1:1), and an employee can have multiple children (HasChild, 1:N).
The ER model captures the information about employees, departments, and children in a concise manner. The Employee entity includes attributes such as IDno (employee identifier), Salary, and Phone. The Department entity includes attributes like dno (department identifier), Dname (department name), and Budget. The Child entity includes attributes Name and Age.
The relationships in the model are represented as follows:
1. Employees work in departments: This relationship (WorksIn) indicates that one employee works in one department (1:1 cardinality).
2. Each department is managed by an employee: This relationship (Manages) signifies that one employee manages one department (1:1 cardinality).
3. An employee can have multiple children: This relationship (HasChild) denotes that one employee can have multiple children (1:N cardinality).
The ER model diagram would visually represent these entities, attributes, relationships, and their respective cardinalities. It helps to understand the structure and connections between the entities in the database design.
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Which is the most accurate definition of body language?
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Answer:
The process of communicating nonverbally through conscious or unconscious gestures and movements
There are many different ways interviews can be conducted, including face-to-face, distance, group, and performance . Which style would you prefer the most? Why? Which style would you prefer the least? Why? << Read Less
Answers
A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requires that the platform be dismantled and removed at the end of its useful life, which is estimated to be 10 years. The company estimates that the cost of dismantling the platform will be $20 million. The discounted value of the liability is $9 million using the company's credit-adjusted, risk-free rate. The company has already capitalized the $400 million construction cost of the platform. What amounts should the company record as liability and expense when the asset is placed into service
Answers
Answer:
b. Liability, $9,000,000; expense, $0.
Explanation:
An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations
Here the $9,000,000 million represents the liability
Also the journal entry is
Asset Dr
To liability
(Being the asset placed is recorded)
There is no expense should be recorded in the income statement
Which marketing tactic runs counter to the practice of market segmentation?
undifferentiated marketing
targeted marketing
marketing campaign
demographic marketing
Answers
targeted marketing
I hope this helps you
:)
Which of the following statements about plasmids is false? A. Circular and supercoiled. B. Self-replicating vectors. C. Double stranded and mobile. D. Part of the genomic DNA of the bacterium. E. Cont
Answers
The false statement about plasmids is d) Part of the genomic DNA of the bacterium.
What are Plasmids?Plasmids are DNA molecules that can replicate themselves outside of the host cell’s genome. They are normally circular, double-stranded DNA and may be found in both eukaryotes and prokaryotes. In bacteria, plasmids usually replicate independently of the chromosome and have no effect on the cell's normal growth and metabolism. They are also frequently utilized in molecular biology as vectors or cloning carriers for genetic engineering purposes, like the production of therapeutic proteins and the creation of genetically modified organisms (GMOs).
Plasmids are not a part of the genomic DNA of the bacterium, which is a false statement. Instead, they are extrachromosomal elements that can be found in various types of bacteria. They are self-replicating vectors that can carry genetic material such as antibiotic resistance genes, virulence genes, and other beneficial traits that are passed on from one bacterium to another via horizontal gene transfer.
Therefore, the correct answer is d) Part of the genomic DNA of the bacterium.
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What does franchisor mean?
Answers
Answer:
a
Explanation:
Drag each label to the correct location
PLEASE HELP
Answers
Answer:
put master budget for sources of cash and put cash budget for cost of finished goods
Do you think careers in computer graphics and animations are more artistic or more technical? Explain your answer
Answers
I think careers in computer graphics and animations are more artistic than technical and this is because computer graphics and animations need a lot of visualization and artistry.
What is Computer Graphics Animation?Computer Graphics is a type of graphics which involves generating images with the aid of a computer. This concept of computer graphics plays an integral role in the technology of today and that of the future. It is based on this that several aspects of digital photography, film, video games, cell phone and computer displays are produced.
Computer animation involves the process of manipulating images on a computer to create a moveable object. This type of technology is the bases for producing moveable objects such as in filmography.
Computer Graphics and animation is more artistic than technical because it involves a lot of artistry, visualization and imagination to put together a fine work of graphics.
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Which product is more scarce (limited and desirable) A table or pizza? Why?
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Answer:
A table could be scarce since its not on demand and not everyone wants a table while the pizza will be on demand since it is a popular fast food and everyone wants it.
what was the major difference in emphasis between wilhelm wundt and edward titchener?
Answers
The major difference in emphasis between Wilhelm Wundt and Edward Titchener lies in their approaches to the study of psychology and their focus on different aspects of mental processes.
Wilhelm Wundt is considered the founder of modern psychology and is known for establishing the first experimental psychology laboratory in Leipzig, Germany, in 1879. He emphasized the importance of introspection as a method for studying conscious experience. Wundt's approach, known as structuralism, aimed to analyze and understand the basic components of conscious mental processes. He focused on breaking down mental experiences into their elemental parts and studying sensations, feelings, and thoughts through introspection.
Edward Titchener, a student of Wundt, further developed and popularized the structuralist approach in the United States. However, Titchener's emphasis differed from Wundt's in some key aspects. Titchener focused more on the organization and classification of mental processes rather than simply identifying their elemental parts. He believed that psychology should aim to create a systematic and comprehensive classification system of mental elements, such as sensations and feelings, and their interrelationships.
In summary, the major difference in emphasis between Wilhelm Wundt and Edward Titchener lies in their approach to psychology. Wundt focused on introspection and the analysis of conscious experiences into elemental components, while Titchener emphasized the organization and classification of mental processes within a comprehensive system.
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in 2015, what percent of adults, nationally, were current on all credit payments in the last year?
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In 2015, the percentage of adults, nationally, that was current on all credit payments in the last year was "89.9%."
This is based on the information released by the Federal Reserve Bank of New York.
The statistics figure covers the percentage of adult that are 18 and above years of age, that has a credit file and a credit score.
Hence, in this case, it is concluded that the correct answer is 89.9 percent of the National or United American population was current on all credit payments between 2014 to 2015.
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How do companies regulate trade?
Answers
Answer:
Explanation: Protective tariffs, import quotas, trade embargoes, and voluntarily restrained exports are the four primary categories. The protective tariff, which is a levy on imported goods, is the most prevalent kind of trade barrier. Tariffs are used by nations to increase income and shield home sectors against international imports that are more affordable.
The association stradegy is used to_________information
Answers
Answer:
The association strategy is used to help memorized information.
Explanation:
A benefit of using association is that it allows the learner to be creative and have fun. ... The association strategy is used to help memorized information.
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
PIVOT! World Joy produces naturally made clothing and accessories. Their most popular item is the 'Easy Hat', a crocheted packable hat that generates more sales than any other item the company sells.
Answers
World Joy, a producer of naturally made clothing and accessories, experiences high sales with their popular 'Easy Hat', a crocheted packable hat.
World Joy specializes in producing naturally made clothing and accessories. Among their extensive product line, the 'Easy Hat' stands out as their best-selling item. This crocheted packable hat has garnered significant popularity and consistently generates high sales. Customers are drawn to the hat's unique design, practicality, and versatility, making it a preferred choice among World Joy's offerings. The success of the 'Easy Hat' demonstrates World Joy's ability to create products that resonate with their target audience and meet their needs. By focusing on producing high-quality, environmentally friendly items like the 'Easy Hat', World Joy has established a strong position in the market and continues to thrive in the industry.
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a flexible budget performance report indicates a sales variance of $200 unfavorable. the variance was likely caused by: multiple choice question. selling units for less than the budgeted price selling more units than budgeted selling units for more than the budgeted price
Answers
The variance was likely caused by selling units for less than the budgeted price.
How do you calculate a flexible budget's variance?For instance, a flexible budget model is created with the expectation that the cost per unit will be $100. 800 units were sold in the most recent month, with a $102 average selling price per unit. By multiplying 800 units by $2 per unit, the favorable flexible budget variance for revenue equals $1,600.
What is the difference between the actual sales results and the flexible budget?A flexible budget variation is a calculated discrepancy between the budget that was anticipated and the outcomes. In the aforementioned illustration, the corporation has a goal production capacity of 85%. The estimated or anticipated 212,500 unit sales volume results in a $740,625 profit.
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An increase in total planned real expenditures that is caused by a factor other than the price level will lead to the:
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An increase in total planned real expenditures that is caused by a factor other than the price level will lead to a shift in the aggregate demand curve.
An increase in total planned real expenditures that is caused by a factor other than the price level will lead to an increase in real GDP. This is because an increase in spending will lead to increased production and output, which will ultimately result in an increase in the overall level of economic activity. However, it is important to note that this increase in real GDP may not necessarily lead to an increase in economic welfare or well-being, as it could be accompanied by inflation or other negative consequences.
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Why is it a mistake to put e-mail addresses of people who don't know each other in the "to:" field?
Answers
An email is a form of electronic communication that allows you to send messages to other people. Because of the rise in cybercrime, we might assume that unusual emails can be risky.
Importance of Sending an Email?Email is a popular method of corporate communication since it is quick, cheap, widely available, and easily replicated. Email may be extremely beneficial to organizations because it provides an efficient and effective means of transmitting all types of electronic data.
One of the primary benefits of email is the ability to rapidly and conveniently distribute electronic files such as written documents, photographs, and data sheets to multiple contacts at the same time by simply attaching the file to an email.
Thus, The person you send it to will most likely think it's a fraud or that it was sent to the wrong person. But, most critically, to ensure that no one's email address is leaked. They did not agree to have their contact email shared with others.
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You open a new bank account at Eastside Savings. You see FDIC stickers around the bank, and the teller specifically mentions that Eastside
Savings is "FDIC Insured". A few months later, you hear on the radio that Eastside Savings is struggling to stay in business. Your savings balance
Is $500. What would happen to that money if Eastside Savings failed?
A.You could lose $250 since FDIC Insurance only covers 50% of the money you have deposited.
B.You would lose all of your money.
C.You would receive $250,000 since FDIC Insurance provides each account at the bank with $250,000 regardless of how much they
have deposited
D.You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Answers
Answer:
The correct option is D. You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Explanation:
Based on the information given what would happen to that money in a situation where Eastside Savings failed is that such individual would receive all the money he/she have deposited at Eastside Savings reason been that FDIC which is fully known as FEDERAL DEPOSIT INSURANCE CORPORATE insurance covers accounts up to the amount of $250,000 and Secondly Eastside Savings is "FDIC Insured".
if the fomc wished to generate faster economic growth, they could issue a policy directive to the federal reserve board trading desk to purchase u.s. government securities.
Answers
True: If the FOMC wished to generate faster economic growth, they could issue a policy instructed to the federal reserve board trading platform to purchase U.S. government security.
What is Economic growth?
A rise in the output of products and services over a given time period is referred to as economic growth. The calculation needs to account for inflation. A country's economy is said to be growing when the value of its goods and services rises, generating more revenue for companies. Consequently, stock prices increase. This provides businesses with money to expand and recruit more workers. The number of jobs added increases income. More purchases are made because consumers have more money to spend on more goods and services. All nations seek healthy economic growth for this reason.
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they decide to equally share the profits and have unlimited liability for the debts of their business. such unlimited liability can be a distinct disadvantage for carter if he has
Answers
If Isaac seems to have more monetary resources than Arnie, having such personal liability might be a big disadvantage. Owners of sole proprietorships have fewer funding options available to them.
Except for landline telephones, which facilitate better free calls internationally to customers, suppliers, and the others, technology is assisting today's sole owners and managers in succeeding.
Partnerships are non-taxable entities. This means they don't really pay taxes because once they file their collaboration tax return with the Internal Service. Revenue
A cooperative is an organization consisting of people or small businesses that already have banded together again to reap the benefits of connectedness to a larger company.
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The infographic suggests making small payments on your student loans even before they’re due, yet that won’t automatically get you a credit card. What would be the benefit of making these early loan payments?
Answers
The benefit that a student can obtain by paying off his student loan before the due date is that his debt is diminishing.
What is a student loan?
A student loan is an aid offered by some public and private entities to those students who are going to start their university studies to lend them the money that their degree is worth.
These entities then establish fees that the student must pay from time to time. However, several of these entities charge interest and other percentages for lending this money to students.
What is the benefit of making small advance payments?
The benefit of paying in advance is that the student will pay off his loan more quickly, which will free him/her from paying higher interest in the future.
Note: This question is incomplete because the infographic is missing. However I can answer it based on my prior knowledge.
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Answer:
The benefit of paying off a student loan before the due date is that the student's debt is reduced.
what is used to calculate an investor's cash-on-cash return if the property is purchased using all cash...?
Answers
If the property is totally paid for with cash, annual net cash flow is used to calculate the investor's cash-on-cash return.
What is Annual Net Cash Flow?The difference between all of the company's cash inflows and cash withdrawals over a specific time period is known as net cash flow. It's a crucial sign of a business's financial stability.
An investor's cash-on-cash return is determined using annual net cash flow if the property is bought entirely with cash.
The net cash flow equation, conceptually, is the sum of a company's total cash inflows minus its total cash outflows.
The net cash flow, or "Net Change in Cash" line item, for the specified time, is represented by the sum of the three CFS sections.
Therefore, if the property is totally paid for with cash, annual net cash flow is used to calculate the investor's cash-on-cash return.
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