State licensing laws generally prescribe two levels of real estate brokerage licensing: the broker license and the salesperson license. Which of the following responsibilities is an individual with a salesperson license permitted to do?A. Own and operate a real estate brokerage businessB. Handle money in trust for clientsC. Negotiate listing contracts or contracts for saleD. Complete legal documents used in sales and leases in their own name.
Answers
Answer: C. Negotiate listing contracts or contracts for sale.
Explanation: Sales person license is a license issued to brokers of sales contracts or deals for real estate business.
Salesperson license will broker contracts or deals on the following areas
Residential Real Estate,
Commercial Real Estates etc. For a person to be qualified to have a salesperson license,he must meet certain requirements which includes passing some examinations as approved by the regulating council.
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The stock price of DL Inc. is $49, the security’s expected rate of return is 14%, the risk-free rate of return is 4%, and the market risk premium is 8%. What will be the security’s current price if the covariance of its rate of return with the market portfolio halves on a permanent basis but everything else remains the same?
c. Taking risks
b. Having a lot of money
d. Being an expert in your field
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Answer:
Deposit
Explanation:
Leasing or leasing a real estate is a common way to generate extra income. However, many times what can be a dream of fixed income can end in a nightmare.
And is that leasing a property carries the risk that the lessee does not comply with the payment of the rent and / or with the return of the property when the contract ends.
Always remember that the level of risk of the lessee must be evaluated to determine the term of the contract and the amount of the security deposit.
Likewise, the lease or rental agreement must have the advance search clause as it is a tool that allows expediting the eviction of the lessee when the contract has expired or when the lessee fails to pay the rent.
C. $1,525,000
D. $700,000
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Answer:
The company's revenue for the year is $1,615,000.
The correct option is A. $1,615,000.
Explanation:
Given:
Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common stock, recorded expenses of $1,500,000, and paid dividends of $90,000.
If Patterson’s ending retained earnings was $350,000.
Now, to find the company's revenue for the year.
Opening Retained earnings = $325,000.
Common stock = $500,000.
Recorded expenses = $1,500,000.
Paid dividends = $90,000.
Closing Retained earnings = $350,000.
Now, to get the revenue of the company we put formula:
Revenue = (Recorded expenses + paid dividends + closing Retained earnings) - opening Retained earnings
Therefore, the company's revenue for the year is $1,615,000.
The correct option is A. $1,615,000.
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debit
credit
memo
check register
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Answer:
memo
Explanation:
b. II only
c. III only
d. I and II only
e. I, II, and III
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Answer:
a. I only
Explanation:
The Federal Reserve System or FED is the central bank of the United States that was created on december 23, 1913. Prior to the bank panic in 1907, congress men were motivated for renew demands for banking and to do a currency reform.
The Great Depression that last from 1929 to 1939 and the loan crisis of the 1980´s were events that took place after the FED creation, then they could not contribute to its foundation.