Thomas is a commercial broker. He is representing the buyer in the purchase of an apartment complex in Dallas. Thomas also represents the seller. Both have authorized intermediary. The seller's attorney discloses to Thomas via email that the property has foundation issues but offers to increase Thomas' commission if Thomas doesn't tell the buyer. Thomas tells the buyer that there are no problems with the property, and the buyer ends up purchasing the property unaware of the foundation problems. Will Thomas likely be liable to the buyer for fraud

Answers

Answer 1

Answer:

Yes,it is a classic case of fraud as Thomas owes the buyer a duty of disclosure of material facts

Explanation:

Fraud

This is simply defined as act of deception. It is an act carried intentional by an individual to get an unfair advantage over another person.

The deceptive trade practices act

This is simply a federal law set up by government. It watches over business, making sure that fraud and misrepresentation do not take place when companies provide products and services.

In real estate, the seller required to tell the buyer about the property's condition and nothing should be left Thomas is guilty of fraud for covering up and not disclosing all conditions or state of the property.

The tests for disclosure outlined by the courts includes

1. The seller must not obstruct the buyer's attempts to inspect the property. The "as is" clause must be an important element of the contract.

2. The buyer and seller must not be in a relatively unequal bargaining position

All known defects must be disclosed by the seller


Related Questions

give reason
- blood oozes out when there is slight cut in our body
- astronauts wear a special suit while going to space​

pls pls really need help
anyone five markss

Answers

Answer:

Why blood oozes out when there is a slight cut:

The body has many blood vessels that carry blood to and from the heart. Some of these blood vessels are very close to the skin. When we have a slight cut, the cut damages these blood vessels and so the blood they are carrying comes out of the wound.

This will be stopped when platelets form blood clots which then trapped blood cells and stop the bleeding.

Why Astronauts wear a special space suit:

When astronauts are in space and have to leave the spaceship, they face many unknown dangers in space such as radiation, debris and extremely cold weather. The space suit they wear is designed to protect them from all these so that they are able to stay alive in space and carry out their jobs.

T F Credit reports are issued monthly, so you know how much money topay toward your credit card bill.

Answers

Answer:

False

Explanation:

A financial statement can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Generally, financial statements are issued to recipients on a monthly basis.

A credit report can be defined as a financial document that comprises of detailed information about a person's credit history or activities with respect to borrowed money (loans). It is usually prepared by a credit bureau.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender.

In conclusion, credit reports are issued to a customer on request and at any given time, so he or she knows how much money to pay toward your credit card bill.

In answer to a radio advertisement, a teenager two months shy of his 18th birthday contracted to buy a late model car from a car dealership. The agreement required a $1500 down payment with the remainder of the $7200 price to be paid in monthly installments to a local finance company. The teenager’s first eight payments were made regularly until his driver's license was suspended. He then informed the company that no further payments would be forthcoming. The finance company sued for the remaining payments. The age of majority in the teenager’s state is 18 years. Would the teenager be liable for the balance of the payments?
A. Yes, because the car dealership was liable on the contract from the outset, notwithstanding the teenager’s minority.
B. Yes, because he kept the car for six months after reaching the age of majority.
C. No, because he was a minor at the time of the contracting, and the contract is voidable by him.
D. No, because he informed the finance company in a timely manner after his driver's license was suspended.

Answers

Answer: B. Yes, because he kept the car for six months after reaching the age of majority.

Explanation:

When the teenager had not reached the age of majority, holding him liable for the contract would have been challenging. The teenager however reached the age of majority he became legally liable for decisions and contracts.

After this age, he had the car for 6 more months which means that he had accepted the contract as an adult. He cannot therefore simply wiggle out of the payment because he signed an enforceable contract.

Sanchez Foods Inc. is a large food manufacturing corporation that earns more profits than its competitors. The company uses only organically grown grains and fruits. It also promotes organic farming and helps nonprofit agencies that focus on food and nutrition causes. The company recently decided to use a third-party recycling logo. In this scenario, Sanchez Foods is most likely to have adopted the practice of _______.

Answers

Answer:

green marketing

Explanation:

From the question we are informed about the Sanchez Foods Inc. which is a large food manufacturing corporation that earns more profits than its competitors. The company uses only organically grown grains and fruits. It also promotes organic farming and helps nonprofit agencies that focus on food and nutrition causes. The company recently decided to use a third-party recycling logo. In this scenario, Sanchez Foods is most likely to have adopted the practice of green marketing.

Green marketing can be regarded as practice of developing as well as advertising products which is been

based on their real as well as their perceived environmental sustainability.

In a case, whereby green marketing activities of a Company are not substantiated from significant investments and doesn't substantiated by operational changes, the company

may be criticized as been using false or misleading advertising.

I need a cute name for an estsy buisness where i sell prints… this is a 10 point question and I give brainliest to whoever comes up with the one I like and I will thank everyone who answers no matter what !!

Answers

Answer:

well i think

- flawless copies

- perfect printing

-rapid copies

- papers brought to life

- plastics and prints

-printsey

hope this helps! <3

Two examples of the learning and innovation measures of a balanced scorecard are A. Employee turnover rate and number of internal process improvements. B. Employee training hours and product defect rates. C. Employee promotion rate and number of environmental incidents. D. Number of employee suggestions and finished products per day per employe

Answers

Answer:

A. Employee turnover rate and number of internal process improvements.

Explanation:

The balanced scorecard refers to the strategic planning and management system. The motive of use this is to align the day to day work so that everyone could follow the strategy and according to that the task should be completed on time or before time. It also measured and monitonered the progress for the targets sets by the company

So for learning and innovation, the employee turnover rate and the improvement made for no of internal process should be considered

unscramble the message:
1 4M n07 s4D B|_|7 1 4M n07 h499y 317H3r. 1 4M D399R3$$3|)

Answers

Answer:

"I am not sad (b-word) I am not happy either. I am depressed"

Explanation:

Hope this helps?

The last two answers for number 6 is “Firefighting” and “Public Safety Inspection”

Answers

Answer:

9. Carbon paper

37. Window envelope

6. teaching

A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is a(n) ______; a tax on all oil imported into the United States, which is implemented to raise money for the U.S. government, is a(n)
A. import barrier; income tariff
B. embargo agreement; income tariff
C. quota tariff; revenue tariff
D. revenue tariff; protective tariff
E. protective tariff; revenue tariff

Answers

Answer:

E. protective tariff; revenue tariff

Explanation:

In an international trading, the protective tariff is defined as the tariff that is made to protect the domestic production from the from the foreign competition. This is done by raising the price of the goods that are imported to the United States.

A revenue tariff is defined as the tariff that is imposed on imported goods and is imposed mainly to increase the revenue of the government and not to provide protection to the domestics production or domestic industries.

Thus, in the context, the automobiles which are imported to the US is the protective tariff and the palm oil imported to the US to raise the government revenue is called a the revenue tariff.

households play a role in the circular flow of goods

Answers

Answer:

purchasing goods at product markets

Explanation:

Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore's realistic market opportunity, approximately

Answers

Answer:

The answer is "$8.33billion".

Explanation:

Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.

1/3 of the $25billion = $8.33 billion.

The following standards for variable manufacturing overhead have been established for a company that makes only one product:Standard hours per unit of output3.5 hoursStandard variable overhead rate$15.20 per hourThe following data pertain to operations for the last month:Actual hours3,800hoursActual total variable manufacturing overhead cost$59,090Actual output800unitsWhat is the variable overhead efficiency variance for the month

Answers

Answer:

Variable overhead efficiency variance= $15,200 unfavorable

Explanation:

Giving the following information:

Standard hours per unit of output 3.5 hours

Standard variable overhead rate $15.20 per hour

Actual hours 3,800hours

Actual total variable manufacturing overhead cost $59,090

Actual output 800units

To calculate the variable overhead efficiency variance, we need to use the following formula:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (3.5*800 - 3,800)*15.2

Variable overhead efficiency variance= $15,200 unfavorable

all three level of professionals are required to run an organization or a business is smoothly classified as a statement ​

Answers

All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.

Answer:

It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.

The three levels of professional required are:

Top-level management

Middle-level management

Low-level management

Explanation:

Top-Level Management

Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.

Middle-Level Management

Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.

Low-Level Management

Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.

what is the impact of Corona virus as one of the socio economic issues on businesses​

Answers

Answer:

The CO.VID-19 pandemic produced a wide variety of types of effects worldwide, especially from spring 2020. Many people got sick and died from CO.VID-19. The fear that they themselves or people for whom they feel responsible would share this fate seized the population, scientists and politicians worldwide. There was a need for action from the development of the number of newly infected and deceased, from the economic crisis 2020/21, from a problematic development of social structures, from psychological stress on the Individuals and from further effects. In addition to concerns about people's lives and health and the resilience of the economy, there was also concern that the population could be deprived of basic rights for longer than justified by the pandemic.

_____ are companies using an adaptive strategy that seeks to minimize risk and maximize profits by following or imitating the proven successes of companies that seek fast growth by searching for new market opportunities, encouraging risk taking, and being the first to bring innovative new products to market.

Answers

Answer:

Analyzers

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;

1. Knowing your core competencies.

2. Assessment of the organization's internal strengths and weaknesses.

3. Examination of the organization's external environment.

4. Analyze your competitors.

Analyzers are companies that uses an adaptive strategy that would help them to minimize (mitigate) risk while maximizing their profits by following or imitating the proven successes of prospective companies that are focused on fast growth and development; through a thorough search for new opportunities in the market, encouraging risk taking and being a pace setter such as being the first to introduce innovative new products to market.

Additionally, the opposite of the analyzers are reactors who do not adopt a consistent adaptive strategy but only react to changes in their external environment such as markets, customers, rivals, etc., after they have occured.

Why was agricultural sector declared as critical industry and exempt from the hardest lockdown regulations

Answers

Answer:

Kindly check explanation

Explanation:

Food production and consumption is critical and key to survival, no matter an established and generally accepted number of daily square meal of 3 is widely adopted. This gives a clue tgta, no matter a country's problem or issues they face, aspects which concerns food and generally agriculture would be treated preferentially. Following the outbreak and severe spread of the deadly virus, it became imperative that affected nations introduced critical measures to try and curtail its spread, stringent measures include ; restriction of movement, strict emphasis on social distancing, hence, the need to reduce the number of people on a particular site or work area, travel restrictions, among others. This restrictions had s here effect on the agriculture and the food supply chain and its effect was quickly very noticeable as people would eventually die of hunger if nothing was done. This prompted government to introduce exemptions and preference afforded to the agricultural sector ; such as keppibg trade channels open in other to facilitate food distribution, timely observation and monitoring of food crisis among others.

Mariano Manufacturing can issue a 25-year, 8.1% annual payment bond at par. Its investment bankers also stated that the company can sell an issue of annual payment preferred stock to corporate investors who are in the 40% tax bracket. The corporate investors require an after-tax return on the preferred that exceeds their after-tax return on the bonds by 1.0%, which would represent an after-tax risk premium. What coupon rate must be set on the preferred in order to issue it at par? Group of answer choices6.66% 6.99% 7.34% 7.71% 8.09%

Answers

Answer:

6.66%

Explanation:

First and foremost, if a bond is issued at par it means that the coupon rate and before-tax yield to maturity are the same. hence, in this case, the before-tax yield on the bond is 8.10%, the same as its coupon rate

after-tax yield on bond=before-tax yield*(1-tax rate)

tax rate=40%

the after-tax yield on bond=8.10%*(1-40%)

the after-tax yield on bond=4.86%

after-tax return on the preferred=the after-tax yield on bond+after-tax risk premium

after-tax risk premium=1.0%

after-tax return on the preferred=4.86%+1.0%

after-tax return on the preferred=5.86%

However, the before-tax  coupon rate on the preferred is determined below based on the dividend received deduction principle obtainable in the US

Pre-Tax Coupon Rate = after-tax return on the preferred/(1-(Tax Rate*Taxable Percentage)

The principle that 70% of dividends, that only 30% are taxable, hence, the taxable percentage is 30%

Pre-Tax Coupon Rate =5.86%/(1-(40%*30%)

Pre-Tax Coupon Rate =5.86%/0.88

Pre-Tax Coupon Rate =6.66%

In team dynamics, process losses are best described as: Question 1 options: resources expended towards team development and maintenance. information lost due to imperfect communication among team members. knowledge lost when tacit knowledge is converted to structural knowledge. productivity losses that occur when individual members need to learn a new task. knowledge lost when a team member leaves the organization.

Answers

Answer:

resources expended towards team development and maintenance.

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully.

In team dynamics, process losses are best described as resources expended towards the development and maintenance of a team for increased production and benefits.

There are two methods to determine the Golden Rule capital level, looking at steady-state: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices consumption per worker or comparing the marginal product of capital to the saving rate. consumption or comparing the marginal product of capital to the depreciation rate. output per worker or comparing the marginal product of capital to the saving rate. output per worker or comparing the marginal product of capital to the depreciation rate.

Answers

Answer:

consumption or comparing the marginal product of capital to the depreciation rate.

Explanation:

The two methods that measures the capital level of the golden rule is the consumption or it should compared the capital marginal product with the depreciation rate. As the golden rule capital level shows the leval in which the consumption made in the steady rate should be maximized

So for this the above option should be considered

Therefore the other options are wrong

Registered Representatives would be liable for damages in the use of material, non-public information in all of the following situations except: (A) The representative decides not to share the information and does not trade based on the information (B) The representative decides not to share the information with others but does make trades in his personal only (C) The representative trades using the information after notifying officers of the firm (D) The representative decides not to trade using the information but shares the information with others who do use the information for trading purposes.

Answers

Answer:  (A) The representative decides not to share the information and does not trade based on the information.

Explanation:

The use of material, non-public information in securities trade is called insider trading and creates an unfair advantage and so is illegal under any circumstances and considered a violation of the Insider and Trading Fraud Enforcement Act of 1988.

A Registered Representative would therefore only be liable for no damages if they never trade on material, non-public information because if they are found to, regardless of the reason, they will incur damages.

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PLEASE HELP!!!WILL MARK BRAINLIEST!!!!In the triangle shown, solve for X to the nearest degree.Multiple choice!Thank you! what type of Figurative Language is you are a pain in the neck. someone help me answer these two use this space to complete any of the written assignments above or write any thoughts or ideas that have come to mind on values, qualities and skills Triple the sum of two and a number. Which function graph is shown Si se desea construir un circuito con poca resistencia se debe colocar: En serie Mixto Paralelo Ninguna de las anteriores By passing the Edict of Milan, Constantine _______ .a.proclaimed Christianity legal c.promoted education for all malesb.established a new tax systemd.gave the Christian Church a headquarters Which words are oxymoron Given the following system of equations, what value of x makes the equations true?x+y= 3.25x-y= 1.75 ABC is a right angled triangle. if B = 90, AC = 96 cm, C = 30.AB = cm Castanets are central to the ensemble known as the gamelan.true or false Sean and sarah spend $70 a month eating out how much money would they have after 15 years if they invested the money instead at 4 percent compounded monthly round your answer to the nearest hundredth WILL MARK BRAINILIEST are the angles corresponding, alternate interior, alternate exterior, or constructive interior Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 40 billion bottles of wine were sold every year at a price of $7 per bottle. After the tax, 35 billion bottles of wine are sold every year; consumers pay $9 per bottle, and producers receive $6 per bottle (after paying the tax). The amount of the tax on a bottle of wine isper bottle. Of this amount, the burden that falls on consumers isper bottle, and the burden that falls on producers isper bottle. True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers. Pls help me solve pls show how you got the answer Because the world has limited resources what do people how to makeDemandsChoices ScarcityOpportunity costs What is the number of Co2 in a 220 gram 3. What specific outcomes did Kobe aim to get out of physical therapy sessions? 6. 7(x6)=707. Solve for n *(4 Points) 9+n=2