Explain the legal distinction between an agent and a broker and give some example.

Q: Describe why do sellers offer quality-assurance warranties?

A:

Q: How do I conclude a legal memorandum

A: Legal memorandum:   A legal memorandum in simple words refers to a formal, polished and a…

Q: When does an agency relationship happen

A: Agent Relationship : The official stipulations of a specific principal-agent relationship are…

Q: What exactly is a social contract, and how does it relate to the legitimacy of an organization?

A: The Answer :

Q: Define brokerage firm

A: Brokerage is the charges that are paid by the client to the broker who helped in buying and selling…

Q: sale based contract and supporting contract )

A: For Islamic banks to a make profit and to satisfy the borrowers’ needs of cash, they have to conduct…

Q: What type of contract has been formed in this case?

A: Contracts are the agreements between two parties. It gives the  option to buy,sell, lend etc. It…

Q: Discuss some of the agency problems clients might encounter and explain how such agency problems can…

A: Introduction: The problem of agency occurs primarily because of the unethical relationship between…

Q: Explain and illustrate types of Musharakah contracts

A: Musharakah Contracts: In Islamic Accounting it is a type of contract that is formed between two…

Q: Briefly, explain the difference between the torts of Wrongful Interference with a Contractual…

A: Answer:-  Tort meaning:- Tort is a kind of civil wrong that causes the claimant to incur loss or…

Q: Define dealer market

A: Answer: Usually, secondary market is a place in which investor will buy and sell securities between…

Q: Discuss the difference between: A. Contract of Sale and Contract to Sell B. Sale by Sample, Sale by…

A: Contract of Sale and Contract to sell the contract of sale, the exchange of goods takes place…

Q: ne

A: Negotiable Instruments are written contracts whose benefit could be passed on from its original…

Q: Sellers supply can be represented by-

A: Answer

Q: Define customers

A: Inventory: It can be defined as all the goods, items, materials, and merchandise that are held by a…

Q: Define bill-and-hold arrangement with example.

A: Bill on hold: Bill on hold transaction specifies that shipping of the product is not done by the…

Q: What is an agency order?

A: Solution- Agency order An order to buy or sell that a broker executes with another investor. The…

Q: What is a associated person of a broker or dealer?

A: Associated Person is anyone who is employed by the broker or dealer for the sale of futures in the…

Q: Compare consulting and assurance services.

A: Consulting is classified as the practice of giving insight on a subject to a third party for a fee.…

Q: What is a forward contract?

A: Introduction: This question is related to the concept of financial derivatives. Derivative…

Q: The major difference between future and option arises from the different obligations of buyers and…

A: The option and future are used to hedge investment as well as to make money and it represents the…

Q: Which steps should be followed to set up the different types of payments accepted from clients?

A: Payments from clients refers to the term that implies that when a customer buys some product or…

Q: What is an agency problem?

A: Agency problems also known as principal-agent problems  are conflicts of interest between managers…

Q: Discuss the difference between the Management Letter and the Legal Representation Letter

A: Definition: Auditing: In auditing, auditors verify the correctness and fair presentation of…

Q: What are some of the questions you should ask your broker before beginning to trade on the ASX?

A: Answer: ASX is the Australian Securities Exchange ltd which deals with the listing of the stocks and…

Q: Explain how securitisation works and what the role is of each party involved during the process

A: Financial securities are the instruments that are used by investors to invest their funds and money…

Q: Discuss the Supplier Integration and Relationship Management

A: Supplier is the person from which a firm procures its inventory and raw-material. A manufacturing…

Q: What are the differences between an insurance agent and an insurance broker? Discuss.

A: Insurance brokers are individuals that sells, buy or negotiate variety of financial products that…

Q: How will you differentiate contract of sale from contract to sell?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: What is the typical content of attorney letters?

A: Attorney letter is a formal business letter prepared by the client as per auditors' request, and…

Q: authorization payment

A: Authorization of payment means allow subordinates to make payment after approval of top executives…

Q: seller is an agent, t

A: In case of sale made by agent, any costs incurred has to be reimbursed by the principal.

Q: mples) through w

A: The Agency systemThe Agency device may be very popular in the modern-day commercial enterprise…

Q: What is the meaning of “counter-offer” in relation to the law of contract?

A: Counter Offer is a type of offer given in response of original offer.

Q: Discuss the contract according to its enforceability?

A: In basic terms, a contract implies when two gatherings put into composing an understanding that…

Q: n agency relationship is established between the broker and

A: A agency relationship: An agency relationship takes place between an agent (broker) and a principal.…

Q: What is an agency problem?

A: The agency drawback may be a conflict of interest that happens once agents do not absolutely…

Q: Explain Advertising and Other Forms of Solicitation Rule.

A: Definition:

Q: what kind of account is contract fees

A: Definition: Revenues: Revenues are earnings from the operations of a business. The operating…

Q: at transactions do you prefer to use negoti

A: Negotiable instruments are written contracts whose benefit could be passed on from its original…

Q: In a "mixed contract," one involving both the dale of goods and services, does the UCC apply or does…

A: Contract is referred as the legal enforceable agreement, which defines, creates, and also governs…

Q: Who should select the contact user group—the vendor or the prospective user? Why?

A: Contact user groups are the groups containing list of current users being considered as an important…