A broker receives a written offer on a listed property, but it is well below the listed price and he is certain that the seller will not accept it. Which of the following would it NOT be acceptable for him to do:

A: Present the offer to the seller as written;
B: Change the offer price to what he thinks the seller will accept, and initial the change;
C: Write up the seller's amended terms on the back of the offer, and present them to the buyer;
D: Advise the seller that if he doesn't like the buyer's offer, he can make a counteroffer.

Answer: B: Change the offer price to what he thinks the seller will accept, and initial the change;

Business

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Support your answer with n example that shows how much in EBT a firm in a 30% tax bracket would require to repay $1,000 in principal. Before-tax cost of debt repayment = (principal repayment) / (1 - tax rate)

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