Pat, the buyer's agent, was told by the prospective buyer to present an offer of $150,000 with the promise that he would increase it to $152,000 if the seller rejected $150,000. Pat must
a. Present the offer and disclose the promise to increase the offer
b. Keep the confidence of his buyer while presenting the $150,000 offer
c. Refuse to present the offer
d. Tell her broker of the verbal part of the offer
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Pat, the buyer's agent, was told by the prospective buyer to present an offer of $150,000 with the promise that he would increase it to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
On June 1, 2018, Dirty Harry Co. borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $500,000 and a discount rate of 6%.
Answers (1)
A shift in the demand curve can be caused by a change in one of the determinants of demand. a. a change in the technology used by firms. b. a change in the price of a good. c. a change in the cost of production.
Answers (1)
You own a coal mining company and at your current production level your direct production costs are $20 per unit, while you are selling your output for $40 per unit in a competitive coal market.
Answers (1)
Which of the following currencies ARE involved in affecting the revenues your company receives on shipments of action-cameras and UAV drones to buyers in the four geographic regions where it does business? a. U. S.
Answers (1)
What is the total stockholders' equity based on the following account balances? Common Stock $500,000 Paid-In Capital in Excess of Par-Common Stock 50,000 Retained Earnings 190,000 Treasury Stock 40,000 a.$630,000 b.$700,000 c.$740,000 d.$780,000
Answers (1)
New Questions in Business
A furniture store buys 100 footstools from a distributor at a cost of $230 each plus an overhead charge of $50 per order. The retail markup is 25% on the total price paid. Find the profit on the sale of one footstool.
Answers (1)
The University Golf Shop desires to make $10,000 in pretax profits. If the contribution margin ratio (CMR) is 50% and the fixed costs are $110,000, what is the required level of sales
Answers (1)
Uriah received the following interest payments:Interest of $400 on an overpayment of a previous year's Federal income taxesInterest of $300 on an award received for money lost due to fraud by his previous investment advisorInterest of $1,500 on
Answers (1)
4. Trade policies Tariffs and quotas do which of the following? Benefit domestic producers of the protected good and harm domestic consumers of the protected good Benefit foreign producers of the protected good and harm domestic producers of the
Answers (1)
How did whirlpool use capabilities of text analytics to better understand their customers and improve product offerings?
Answers (1)