Which of the classical management theories is focused on management structure?

A broker lists a property for sale at $100,000 with a 5 percent commission, and he later obtains an oral offer from a prospective buyer to purchase the property. The seller indicates to the broker that the offer would be acceptable if it were submitted in writing. Before it can be put in writing, the buyer backs out and revokes the oral offer. In this situation, the broker would be entitled to

A) a commission of $5,000. B) only a partial commission. C) no commission. D) the normal rate of commission.

Your firm intends to finance the purchase of a new construction crane. The cost is $1,500,000. How large is the payment at the end of year ten if the crane is financed at a rate of 8.50% as a discount loan?

A) $228,611.56 B) $127,500.00 C) $3,391,475.16 D) There is not enough information to answer this question.