A broker who has a brokerage relationship with both the seller and the buyer must be a(n)
a. customer of the buyer
b. agent for the seller
c. employing broker
d. transaction-broker
Answer: d. transaction-broker
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The Carolina Rubber Products Company completed the flexible budget analysis for the second quarter, which is given below
Actual Results Flexible Budget Variance Flexible Budget Sales Volume Variance Static Budget Units 12,840 0 12,840 840 F 12,000 Sales Revenue $62,740 $1,290 U $64,030 $3,970 F $60,060 Variable Costs 27,530 590 U 26,940 $1,740 U 25,200 Contribution Margin $35,210 $1,880 U $37,090 $2,230 F $34,860 Fixed Costs 34,240 180 U 34,060 $0 34,060 Operating Income/(Loss) $970 $2,060 U $3,030 $2,230 F $800 Which of the following would be a correct analysis of the sales volume variance for sales revenue? A) increase in sales price per unit B) increase in sales volume C) increase in variable cost per unit D) increase in fixed costs
A fax that arrives with no information regarding where or to whom it should be directed is called a ______________ transmission
a. lost b. reverse c. headless d. dead