This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Phyllis was the listing agent on Lou's home. Phyllis was able to find a young couple to buy Lou's ... (Read 181 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 24, 2018
Phyllis was the listing agent on Lou's home. Phyllis was able to find a young couple to buy Lou's home for his asking price. Just before the closing on the home, Lou changed his mind and refused to sell the property. The young couple had a loan and their down payment was already on deposit with the escrow company. Which of the following is correct regarding Phyllis's commission?
 A) Lou does not owe the commission to Phyllis
 B) Lou owes only one-half of the commission
 C) The down payment will be used to cover the commission
 D) Lou owes the commission to Phyllis

Question 2

According to the intended user rule the accountant must have furnished the information directly to the client, knowing that the client would transmit the information to other third parties.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Shshxj

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 24, 2018
Gracias!

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Nursing student will find it funny Nursing student will find it funny
Phyllis Schlafly drew much of her support from working-class women who were left vulnerable by the ... Phyllis Schlafly drew much of her support from working-class women who were left vulnerable by the ...
Rubella rash in a young child. Rubella is also called 3-day measles or German measles. Rubella rash in a young child. Rubella is also called 3-day measles or German measles.
How to use the quotient rule to find the derivative of a function How to use the quotient rule to find the derivative of a function
Solve Diophantus’s Problem B–8: To find two numbers such that their difference a Solve Diophantus’s Problem B–8: To find two numbers such that their difference a
Video: Corpus Callosum Animation

For a complete list of videos, visit our video library