A homeowner desires to sell his or her home and signs an exclusive-listing agreement, requiring payment of a six percent commission to the real estate agent. If shortly thereafter, but before the agent has time to do anything to sell the property, the owner surprisingly finds a couple who purchases it for $400,000, the homeowner
a. must pay $24,000 to the listing agent.
b. is legally required only to reimburse the agent for out-of-pocket expenses.
c. has lucked out and need not pay any commission to the agent, because the agent hadn't done anything yet.
d. must pay the $24,000 commission only if the agent had acted with due diligence by placing the listing in the local multiple-listing service.
a
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Segregation of duties in the computer-based information system includes
a. separating the programmer from the computer operator b. preventing management override c. separating the inventory process from the billing process d. performing independent verifications by the computer operator
Which of the following is an example of an informational report?
A) A report recommending that an organization begin offering on-site child care to employees B) A report describing a new procedure for submitting expense claims C) A report analyzing reasons for a company's high turnover rate D) A report determining which wireless carrier to use for the sales staff's smartphones
______ are short-term liabilities, which include wages payable and taxes payable, that change spontaneously as the firm's normal operations change.
A. Supplier credits B. Accruals C. Corporate bonds D. Notes payable E. Receivables
The ADEA forbids discrimination by employers, unions, and employment agencies against persons: A) over 40 years of age
B) over 50 years of age. C) over 60 years of age. D) between the ages of 40 and 65.