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- 1. Identify 7 sources of vehicle purchasing information and the type of information available in each source. 2. For all the information available, what specific information about the different makes and models is the most relevant to Samuel and Grace in making their purchasing decision. 3. What is the highest price they can pay on the new vehicle if they can afford a down payment of $4,000?Assume they finance their purchase for 48 months at 7.5%? 4. If they were to lease, what key factors are important in a good lease?Explain Johnson’s rule?The director collected $3000 amount as funds for the tournament on the condition that the amount will be spent on buying prices and trophies and for the two-day tournament and also arranging food for people participating in the tournament. The funds were collected as donations from the people. However, the manager of the club said that as the club is struggling in making profits, $1500 would be spent on the tournament, and the remaining $1500 will be considered as pure profits. This was not acceptable by the person who arranged the funds for the tournament after convincing people that the entire amount will only be used on the tournament. 1. Was it right in challenging my manager? Should I have handled this differently?
- The director collected $3000 amount as funds for the tournament on the condition that the amount will be spent on buying prices and trophies and for the two-day tournament and also arranging food for people participating in the tournament. The funds were collected as donations from the people. However, the manager of the club said that as the club is struggling in making profits, $1500 would be spent on the tournament, and the remaining $1500 will be considered as pure profits. This was not acceptable by the person who arranged the funds for the tournament after convincing people that the entire amount will only be used on the tournament. 1. Do you think the companies would have felt cheated if the golf course had pocketed theirdonations?Explain the Proportionality assumption?1a. Please explain the following terms with examples. Pareto optimality Third-degree price discrimination Principal-agent problem
- matching.Richard has a specialist car dealership. He buys old cars, refurbishes them and then sells them. He also hires out cars. Richard is restoring an old jeep. It requires a special type of shock-absorber to enable it to travel over rough ground. Richard phones Shocks Are Us. He says to Emma, the manager: "I need four shock absorbers which can be used for off-road driving" Emma consults a brochure published by the shock absorber manufacturer and "Says the D200 shock absorber can be used for off-road driving.". Richard then agrees to buy four D200 shock absorbers for $ 120 each. When he installs them on the jeep and takes it for a test drive over rough country, the shock absorbers give way and the jeep crashes down, causing $ 2 000 worth of damage to its body. It turns out that when Emma gave Richard the information over the phone, she had been looking at the wrong page of the brochure. Had she looked at the correct page, she would have seen that the D200 is not suitable for off-road…As a member of a local Realtors® association, Broker Mel is generally obligated to place all her listings on the MLS. On one recent occasion, she did not. Evaluate the following scenarios and select the one that provides a justifiable reason for Mel's actions. Mel's client lives in a high-traffic area where a yard sign will bring in all the buyer prospects they could hope for, so an MLS listing is unnecessary. Mel's seller-client is a professional athlete who wants to keep his transaction very private and has asked that his property not be put on the MLS. Mel's client has an immaculate home that will sell easily and fast without being published on the MLS. Mel's client is on a very tight budget and is not willing to pay much in the way of commission on the sale of their home.
- Which of the following types of property is eligible for an FHA purchase transaction? Rental property Personal property CO Agricultural property DO HUD real estate-owned property BO- Please explain two characteristics of the maximum of minimum profits criterion (Maximin method)A property's annual property taxes equaled $7,560. The seller owes the buyer for 20 days c prorated property taxes. Using the 360-day calendar, how much does the seller owe the buyer? $1,950 $360 $2,100 $420