Answer:
Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Explanation:
Real Estate Settlement Procedures Act (RESPA) are a set of guidelines for licencing agents and real estate agents that is aimed at bringing transparency to settlement costs of properties.
It prohibits referral fees and kickbacks with the view of reducing final closing price to consumers.
In the given scenario Tim offers Gillian tickets to a concert, saying "And all I ask in return is that you send a customer or two my way!"
This is considered to be a referral fee which is in violation of RESPA.
Answer:
C. Cost of goods sold will be lower and ending inventory will be higher.
Explanation:
Last-in-first-out (LIFO) gives assumption that the most recent inventory purchases are sold first. First-in-first-out (FIFO) gives assumption that the oldest inventory purchases are sold first. In times of falling prices, LIFO will assume they sell those inventories that are more recent first, bringing about a lower cost of goods sold number. Then inventory purchases that are older will then remain in ending inventory causing the ending inventory to be higher under LIFO
<span>market economy market economy is the answer
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Answer:
d) identify who will be the master of ceremonies
Explanation:
- a) identify your goals and objectives ⇒ Initiation phase
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b) identify the charity for the event profits ⇒ Initiation phase
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c) identify the location of the event ⇒ Planning or design phase
One of the first activities carried out during the operations or development phase should be to establish his/her work team (including master of ceremonies).
Answer:
The correct answer is option C.
Explanation:
A monopolistic competitive firm has a downward sloping demand curve. Such a firm is a price maker. It decides price and output through the interaction of the marginal revenue and marginal cost.
The marginal revenue is the change in revenue because of selling an additional output. At high prices, the marginal revenue will be positive while at low prices it will be negative.
