Steve is interested in learning how to be a single agent business broker. he needs to know the steps in selling a business. all are steps in a business sale except

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Answer 1

I think the correct answer to this would be:

“Represent the buyer and obtain a purchase agreement.”

This is because the broker only acts as a middle man. Brokers only handle customer orders to buy and match them up with sellers who are willing to sell. The job stated above is already handled by the realtors or buyers themselves.


Related Questions

Microevolution can occur when some individuals in a population survive and reproduce more often in a new environment. what is this an example of

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This is an example of adapting to a new environment. It is an improved function that is produced by natural selection. They reproduce more often in a new environment because they have the necessary food or climate or both to be able to sustain population growth.

The electrical panel rating should be no smaller than _________.

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It shouldn't be smaller than the "Main Breaker".
Hope that helps :p

If baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be

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The solution would be like this for this specific problem:

Given: 1000 Shares

$60.52 Share Price   So:   = 1,000 * $60.52 = $60,520.00     If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be: equity would increase by $60,521.

The Equity would increase in the balance sheet when Baldwin issued 1000 shares of common stock at last year's end price.

The effect of purchasing common stock

The financial statement would be credited when a company purchases common stock as it increases the capital of the business.

Hence, the equity shareholder account at the right side of the balance sheet would increase the asset of the company.

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After completing your turn, and before changing lanes, you should:

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After completing your turn, and before changing lanes, you should:
use the turn signal to indicate which lane you're going to, check the rear-view mirrors and then center yourself in the lane.

These rules are easy to follow for your safety, the safety of your car as well as the safety of other cars and car drivers 
Final answer:

After turning, check mirrors and blind spots, signal, and then safely change lanes. Do not impede emergency vehicles; pull over and stop for an ambulance.

Explanation:

After completing your turn, and before changing lanes, you should check your mirrors, look over your shoulder for a blind spot check, turn on your signal to indicate your intention to change lanes, and then change lanes when it is safe to do so. It is important to ensure that your actions do not interfere with any emergency vehicles, such as ambulances, approaching from any direction. When an emergency vehicle with flashing lights, such as an ambulance, is approaching, you should pull over to the side of the road and stop to allow it to pass.

If Kevin makes $7.75 an hour and works 45 hours, what is his gross pay? A. $338.75 B. $318.75 C. $348.75 D. $315.75

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The answer to your question is C. 348.75
The answer is C. $348.75, multiply both numbers to get the answer

Typically, when a business is owed money by a company that files for bankruptcy, the business will...

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When a company has filed bankruptcy and owes money to another business, the business will get very little money back. This will apply when the business is considered to be an unsecured creditor. However, if the business is a secured creditor they will usually receive all of the money owed to them. It will depend on the type of creditor that they are. 

Answer:

When a company has filed the bankruptcy and owes the money to the other business, the business will get very little of the money owed back. This will apply when the business is considered to be an unsecured creditor. However, if the business is a secured creditor they will usually receive all of the money owed to them. It will depend on the type of creditor that they are.

Explanation:

All licensees should give earnest money checks to their sponsoring broker immediately who must deposit said earnest money by

Answers

 All licensees should give earnest money checks to their sponsoring broker immediately who must deposit said earnest money by: the next business day of contract acceptance.
the earnest money check is the amount of money that being put in the escrow amount after the deal is done (the account is held by the estate broker)

Final answer:

Earnest money in real estate transactions and the role of a sponsoring broker in handling the money.

Explanation:

In real estate, earnest money refers to a deposit made by a buyer to demonstrate their intention to purchase a property. The money is typically given to the seller's real estate agent or escrow company. The purpose of earnest money is to show the seller that the buyer is serious about the transaction and provides some financial security in case the buyer fails to fulfill their obligations as stated in the purchase agreement.



In this question, it is stated that all licensees should give their earnest money checks to their sponsoring broker immediately. The sponsoring broker is the individual or company that holds the real estate license for the licensee. The purpose of immediately giving the earnest money to the broker is to ensure that it is promptly and properly deposited into an escrow account or other appropriate account. This helps protect the buyer's interests and ensures that the money is handled in accordance with applicable laws and regulations.



To summarize, the subject of this question is real estate law, and more specifically, the handling of earnest money in a real estate transaction.

Shelby has an account at a financial institution that will waive the monthly fee if she keeps a certain amount in savings. what kind of account does she have?

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It is called as regular checking account. It is a checking account in which the monthly fee usually depends on the number of transactions recorded and the maintained average balance. Checking account is very liquid and can be accessed using checks, automated teller machines and other methods available.

Final answer:

Shelby likely has a checking account with a minimum balance requirement to avoid monthly fees. This type of account may also earn interest, blurring the lines between checking and savings accounts.

Explanation:

The account Shelby has is likely a checking account with a minimum balance requirement. Banks offer different types of accounts, and some checking accounts may offer an interest rate similar to a savings account if a certain minimum amount is maintained. On the other hand, savings accounts may allow limited check-writing capabilities. Shelby might take advantage of setting up a sweep to move excess funds from her checking account to her savings account, potentially earning more interest.

Which action of the broker is most likely to result in the creation of an agency relationship with the buyer?

Answers

An agency relationship can be recognized either by means of an arrangement between the parties, an agent and a principal (client), or by means of the actions of the two individuals. The best answer would be the seller or real estate agent is negotiating on the buyer’s behalf.

Jamey did a lot of research on his paper topic but can't figure out where to start writing. He has a loose plan in mind, but it's very unclear. What should Jamey do?

A. He should write an outline first to plan his paper.
B. He doesn't need a plan; he should just sit down and start writing.
C. His thesis is weak; he should revise his thesis first.
D. He should write down all of his research and organize it before writing.

Answers

Final answer:

Jamey should start by writing an outline to organize his thoughts and research for his paper. An outline helps outline the main ideas and supporting evidence in a logical sequence, which can evolve during the writing process. This approach will guide him through drafting, where he can put words on paper and revise as needed.

Explanation:

Jamey should definitely start by writing an outline to better organize his thoughts and research. This approach lets him structure his paper before diving into the writing process, ensuring that his ideas flow logically. He can sketch out the main ideas, supporting evidence, and arrange them in a sequence that makes sense. As he writes, Jamey might find that his plan evolves, and that's okay—it's part of the process. Writing an outline is beneficial as it helps see how different concepts relate and can be effectively structured in the paper.

An outline can also act as a guide during the drafting phase. This is the stage where Jamey should start putting words on the paper, following the outline but also noting down any new ideas that emerge. The drafting process isn't about perfection; it's about beginning to shape the paper, and it is expected that the first draft will go through revisions.

To further aid the organization of his paper, Jamey can use a graphic organizer and ensure that he has a working thesis at the center of his paper. As ideas solidify and the analysis progresses, revisiting and possibly revising the thesis may be necessary. By breaking down the task into these manageable steps, Jamey will be well on his way to writing a coherent and well-argued paper.

The primary reason for an organization to adopt planning and strategic management is to ________

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The primary reason for an organization to adopt planning and strategic management is to be able to develop a sustainable competitive advantage. It is because when an organization starts to plan and make use of strategies, they are able to make advances that would gain them and would have their organization to progress more than of their competitors.

Final answer:

Organizations adopt planning and strategic management primarily to adapt to changes and achieve objectives efficiently, providing a clear roadmap that guides towards its vision.

Explanation:

The primary reason for an organization to adopt planning and strategic management is to enhance its capacity to adapt to changes and achieve set objectives efficiently. These are tools that managers use to guide the organization towards its vision through a systematic and coherent set of actions. For instance, planning involves deciding on the best course of action, setting goals, and determining resources required for these goals. Strategic management, on the other hand, involves setting out a clear vision and mission, assessing both its internal and competitive environment, analyzing its options, making strategic choices, and implementing the strategy.

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If you want to know the origin of the word "insomnia," you should consult a A. dictionary. B. style guide. C. thesaurus. D. directory.

Answers

A. Dictionary, hope this helped!

Final answer:

To find the origin of the word "insomnia," consult a dictionary, which provides the history and roots of words.

Explanation:

To discover the origin of the word "insomnia," one should consult a dictionary. Dictionaries provide definitions, pronunciations, etymology, and sometimes even example sentences for words. The etymology specifically details the history and origin of a word, including its roots and how it came to be used in the current language.

For example, the word insomnia originates from the Latin word insomnis, which means "sleepless." A dictionary might explain this Latin root and potentially track the evolution of the word through history to its current usage. For a more comprehensive understanding of the word's medical implications and use, the National Institutes of Health has resources such as an article from 2011, which provides detailed information on the condition of insomnia.

What can cause a production possibilities curve to move down and to the left?

Answers

a nation loses land after being defeated in a war

How does fractional banking allow there to be an increase in the money supply?

Answers

Banks can lend up to 90% of money on deposit in the bank to other clients.
The other 10% that the bank does not lend is called the "fractional reserve".

Now, by lending this 90% to a client, the money supply may increase based on the procedure below:
First client deposits 100$ in the bank
Bank lends 90$ to second client who deposits these 90$ in another bank
This other bank lends 81$ from the deposited 90$ to a third client who deposits them in a new bank.
The new bank lends 72.9$ out of these 81$ to a fourth clients who deposits them in a different bank......and so the cycle continues increasing the money supply

What are products that are consumed rapidly and regularly classified as?

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The answer is the convenience goods. These are products being bought frequently and regularly by the consumers without having to use the decision making for these is necessary in their life. It could be classified as the basic needs of an individual and they are the goods which could be classified as always available and purchased.

If consumers expect a shortage of consumer goods in the future, what will happen to output and price level?

Answers

Expectation of future shortages leads to increased aggregate demand, potentially causing a temporary rise in output. However, it would likely result in higher price levels due to reduced supply, eventually leading to inflation.

If consumers anticipate a shortage of consumer goods in the future, this will likely lead to an increase in aggregate demand as consumers attempt to purchase goods before the shortage occurs.

This rise in demand can cause a temporary increase in output as firms try to meet the higher demand, but over time, if the anticipated shortage materializes, production might decline due to limited availability of raw materials or production capacity. As a result, the overall effect would be higher price levels due to increased demand and reduced supply, potentially resulting in inflation if the trend continues.

What is the term for the codes and formats used for the exchange of medical data?

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The term that is used for the codes and formats used for the exchange of medical data is called the ETR or the electronic transaction record. It holds all information and transactions regarding medical which is used by the people in the medical field to exchange data easily.

In order to make sure it is possible to clean the floors under shelving units in food establishments, the shelves must be at least _____ above the floor.

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The shelves must be at least SIX [6] INCHES above the floor. This is necessary in order to facilitates proper cleaning of the floors, the unobstructed space below the shelf will make it easier to clean the underneath of the shelves. This will prevent cockroaches and other kitchen pests from habouring the space.

"when dealing with issues of internet privacy, the group we have to be the most concerned about is:"

Answers

The group of people that we have to be most concerned about when dealing with internet privacy is children. Children can be exploited on the internet and it can turn out to be very dangerous. Children can be tricked by adults who want to do them harm. Child predators scour the internet daily to search for unsuspecting children to lure them into false relationships. Many of these children think they are talking to other children their own age. They can also be targeted for kidnappers, find out information on their parents, or even to find their addresses to rob a home. it is crucial that parents monitor their children's social media and internet usage. 

If your disposable personal income increases from $10,000 to $15,000 and your consumption increases from $9,000 to $13,000, your marginal propensity to consume is:

Answers

Disposable personal income increases from $10,000 to $15,000 and your consumption increases from $9,000 to $13,000, your marginal propensity to consume is 0.6.

What is marginal propensity?

The marginal propensity to spend (MPS) is a metric of induced consumption in economics, which is the idea that increased private consumption expenses follow rising disposable income. The MPC computes a person's extra spending.

According to the given amount are:

$10,000 to $15,000 is the income increases.

consumption increases from $9,000 to $13,000

marginal propensity to consume = ?

MPC= Change in C /Change in Y

C=Consumption

Y=Disposable Income

MPC=12000-9000/15000-1000

MPC= 3000/5000 = 0.6

As a result, the marginal propensity to consume is 0.6.

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A food handler sneezes and then returns to work without washing hands. this is an example of

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This is an example of poor hygiene. A food handler has the responsibility to wash his or her hands at all appropriate time, especially when he handles something that can easily contaminate the food he is preparing. Poor personal hygiene can introduce microbes into the food that such a food handler is preparing.

If you purchase or obtain a vehicle from someone else, you are responsible for transferring ownership of the vehicle to your name with the dmv within how many days of the purchase?

Answers

5 days, but it depends on rules of where you are. It can be 10, or maybe even as high as 90.

Why are governmental services more expensive in cities compared to other areas?
    
  A. Federal government doesn't t help cities.
  B. Cities have more expensive tax rules than other areas.
  C. Cities have a higher concentration of poor people.
  D. State government doesn't help cities.
 

Answers

I think the answer is B. Cities have more expensive tax rules than other areas. 
Based on State of Wisconsin Blue Book, people living in cities demand better services, better services is an expensive type of government. The services depend on the taxes given by the people.  In addition to this, the book also states that there is an association between the demand services with the taxes that the government requires. The demands of the people have a great impact on increasing the taxes to meet it.

The correct answer is option (B). The governmental services more expensive in cities compared to other areas because cities have more expensive tax rules than other areas.

Governmental services in cities tend to be more expensive due to a variety of factors, one of which is the more complex and often more expensive tax rules and regulations that cities must adhere to. These can include higher property taxes, sales taxes, and other local taxes that are designed to fund the extensive infrastructure and services required to support a dense urban population.

Additionally, the cost of living is generally higher in cities, which can lead to higher wages for public sector employees, increased costs for leasing or purchasing land and buildings for government use, and higher prices for goods and services that the government must procure.

Option A is incorrect because the federal government often does provide assistance to cities, especially for large-scale projects and in the form of grants for various programs.

Option C is incorrect because, while cities do have a significant population of lower-income residents, this does not directly translate to governmental services being more expensive. In fact, the presence of a large number of lower-income residents can lead to increased demand for social services, which may be funded through taxes that are more complex and potentially more costly.

Option D is incorrect because state governments do provide assistance to cities. The relationship between state and local governments is often collaborative, with states providing funding, resources, and regulatory support to their cities.

A contractor was feeling defeated because the job he was working on was so far behind schedule. as he looked at the job site, he saw one worker moving bricks by carrying two at a time from where they were unloaded to where they were needed. he saw another climbing up a ladder with a few shingles, climbing back down to get more, and then repeating the process. which management process could be used to determine how the workers could perform their tasks more efficiently?

Answers

A management process in which it could be used in determining the workers performance and tasks in doing it more efficiently is called the time and motion study. As this process involves of having to evaluate and asses the workers or the industrial in terms of their efficiency and effectiveness, in which it would likely show and help in determining the worker's performance and how can they do it more efficiently.
Final answer:

The management process that could be used to determine how the workers could perform their tasks more efficiently is called time and motion study. This process involves carefully observing and analyzing the tasks being performed to identify potential bottlenecks, unnecessary movements, and areas for improvement.

Explanation:

The management process that could be used to determine how the workers could perform their tasks more efficiently is called time and motion study. This process involves carefully observing and analyzing the tasks being performed to identify potential bottlenecks, unnecessary movements, and areas for improvement. By using time and motion study, the contractor can find ways to eliminate wasted time and effort, streamline workflows, and enhance productivity.



For example, in the case of the worker moving bricks, the time and motion study might reveal that using a wheelbarrow instead of carrying bricks individually could significantly reduce the time and effort required. Similarly, for the worker climbing the ladder, the study might suggest the use of a harness or a different method to transport the shingles more efficiently.



By implementing the recommendations from the time and motion study, the contractor can optimize the workers' tasks and ultimately improve the overall schedule and productivity of the job.

Jamal (now age 54) lost his job. he has very specialized skills that are no longer in demand. jamal's unemployment is best classified as:

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His unemployment is best classified as Structural. 

According to the situation, Jamal (now age 54) lost his job. he has very specialized skills that are no longer in demand. Jamal's unemployment is classified as Structural unemployment.  

What is Structural unemployment?

When the abilities that people in the economy can supply do not match the skills that companies are looking for in employees, structural unemployment results (also called as the skills gap).

One of the three types of unemployment identified by economist:

Frictional unemployment. Cyclical unemployment. Structural unemployment.

Technological advancements that render many workers' job abilities obsolete frequently cause structural unemployment.

Therefore, Jamal's unemployment is classified as Structural unemployment.  

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Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?

Answers

The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

ITA believes that fair trade is important to US businesses and to the world as it would contribute to making nations competitive in their trading efficiency.

Aim of International trade administration (ITA)

ITA wanted to fair-trade policies to prevail among different nations of the world in order to allow them to participate in trade freely. It has the intention to eliminate trade barriers so that both producers and consumers may save money.

Hence, countries would gain through improvements in economies and reduce global problems.

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What is when someone invests in a variety of places to reduce the overall risk of investing?
A Asset Classes
B Asset Speculation
C Asset Allocation
D Asset Bonds

Answers


c Asset allocation. 

The answer is "C, Asset Allocation".


Asset allocation is the way toward choosing how to partition your venture dollars over a few resource classifications. Stocks, securities, and money or money choices are the most well-known parts of a asset allocation strategy. However, others might be accessible and suitable also. The general objective is to limit unpredictability while boosting return (however resource designation alone can't guarantee a benefit or kill the danger of a misfortune).  


Who were ibm's major competitors in the personal computer industry during the 1990s?

Answers

IBM's major competitors in the personal computer industry during the 1990s included Compaq, Dell, Apple, AST, AT&T, NEC, and Daewoo.

 

To add,  IBM is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries.

Answer:

During the 1990s, IBM's major domestic competitors in the personal computer industry were Hewlett-Packard, Compaq, Dell and Apple.

Explanation:

IBM, Hewlett-Packard, Compaq and Dell all used OS developed by Microsoft (early versions of Windows) while Apple developed its own OS. Apple's computers were the most user friendly PCs, but also the most expensive. That led to a decrease in Apple's share of the PC market since there competitors were not only cheaper, they were getting even cheaper as time passed.

IBM was considered the prime PC maker in the world, and the rest of the PC makers marketed their products as IBM clones during the 1990s.

Countries tend to export different goods and services because of:

a. differences in their comparative advantages.

Answers

When a country can export different goods and services it has a comparative advantage compared to others. It has the capability to produce not only for its own country, but it can establish trade among other countries efficiently with certain products because of its available resources.Also, the opportunity cost of production is higher compared to others.

In the situational leadership model the ________ leadership style emerges when an employee has fully developed, has the supervisor's trust and can carry out duties with little, if any, direction.

Answers

In the situational leadership model, the DELEGATING leadership style emerge when............. Situational leadership style involves adjustment of leadership style to specific situation to reflect employee needs. In delegating, the employee has learned all that is needed and is willing to occupy the leadership position.
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