Each of the following is a possible form of real estate fraud that the CAR®’s Wire Fraud and Electronic Funds Transfer Advisory (WFA) form attempts to curtail, except
a. Substitution of fraudulent wire transfer/routing information for legitimate wire transfer/routing information.
b. Sale of property not owned by the "seller" through the use of phony documents of title.
c. Urgent calls from an alleged "representative" of the escrow company, demanding immediate wiring of funds to avoid cancellation of the escrow/loss of the sale.
d. Calls from an "assistant" to the party’s broker asking for a fast deposit of funds into the broker’s trust account, with Electronic Funds Transfer (EFT) – ultimately, as it turns out, to an offshore account not affiliated with the broker.
Answers
The CAR®'s Wire Fraud and Electronic Funds Transfer Advisory (WFA) form attempts to curtail the real estate frauds that have become a frequent occurrence.
The Wire Fraud and Electronic Funds Transfer Advisory (WFA) form issued by the California Association of Realtors (CAR®) warns consumers about scams aimed at stealing their money in connection with real estate transactions, such as when purchasing a home or other real estate.
The California Association of Realtors (CAR®) has launched a Wire Fraud and Electronic Funds Transfer Advisory (WFA) form, which alerts customers to the increasing incidents of scams associated with real estate transactions, specifically when buying a house or other real estate.
Wire fraud is a kind of fraud that uses email, text messaging, or social media to deceive people into sending money electronically to fraudsters posing as actual estate agents, sellers, or title businesses. A fraudulent wire transfer is a common type of real estate scam that aims to replace valid wire transfer and routing information with fraudulent ones. In this fraud, criminals pose as homebuyers and replace the legitimate wire transfer/routing information with false ones in an attempt to divert the buyer's funds to a fraudulent account. The fraudulent sale of a property is another type of real estate fraud that is frequently reported.
Criminals, posing as real estate agents or sellers, create counterfeit documents of title to offer non-existent properties for sale, luring buyers into paying for a property that does not exist. These fraudsters would then steal the buyer's money without delivering any services or product. As part of their strategy, criminals may pretend to be a representative of the escrow firm, making urgent demands for the wiring of funds to avoid the termination of the escrow/loss of the sale. Fraudsters may try to scam their victims by telling them to transfer money quickly into a broker's trust account using electronic funds transfer (EFT), claiming to be an assistant to the party's broker. Ultimately, the funds are transferred to an offshore account that is not linked to the broker.
Therefore, Option D is not a potential form of real estate fraud that the CAR®’s Wire Fraud and Electronic Funds Transfer Advisory (WFA) form attempts to curtail.
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Related Questions
answered
Sita and Zoya are two friends
belonging to Hindu and Muslim
religion. They start a
business of handicrafts together. They decide to
open the factory in rural area and give
employment opportunities to local residents.
a) Which form of business organisation have they
opted?
1 SEE ANSWER
Answers
They have chosen the partnership business structure:
Describe a partnership:In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
What is a partnership and what are its benefits?If there are less than 20 people involved and restricted liability is not required, think about forming a partnership. One benefit of a cooperation is that: Two or more heads are preferable to one. Your company is simple to launch and has modest startup expenses. The business has access to extra funding.
Briefing:In small- and medium-sized businesses, partnerships are a common type of company structure. One individual is unable to manage the growing scale of the company on their own. Therefore, a partnership between two or more people is formed to conduct business. The issue with sole proprietorships is beginning to be solved by this type of firm.
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according to cost-benefit analysis, a government project should be undertaken as long as the _____ A. Voters approve the project. B. Benefits exceed the opportunity costs. C. Opportunity costs exceed the welfare benefits. D. Benefits equal the costs.
Answers
According to cost-benefit analysis, a government project should be undertaken as long as the benefits exceed the opportunity costs, option B.
This means that the project will create more value for society than the resources (such as money, time, and labor) used to implement it. Ultimately, the goal of cost-benefit analysis is to ensure that government projects maximize their positive impact while minimizing their negative effects.
Therefore, the correct option B. Benefits exceed the opportunity costs
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A good time to observe the dress code to prepare for your first day is during
a your interview
b. your second day
your Orientation
d the weekend
Answers
A good time to observe the dress code to prepare for your first day is during an interview. Thus, option A is correct.
What is interview?A planned interaction in which one party asks questions and the other responses is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as a "interview" in everyday speech.
In general, the individual should dress professionally or in business clothes for a job interview. The interview is a dialogue in which you and your prospective employer exchange information.
Therefore, it can be concluded that During an interview is a wonderful opportunity to review the dress code in order to get ready for your first day. Therefore, choice A is correct.
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During 2013, Going, Going, Gone sold 100 hot air balloons for $4,000 each. The balloons carry a 5-year warranty for defects. Estimates indicate that repair costs will average 4% of the total selling price. The estimated warranty liability at the beginning of the year was $42,000. $11,000 in claims was actually incurred during the year to honor their warranty. What was the balance in the estimated warranty liability at the end of the year
Answers
Answer:
Value of addition into warranty during the current year = Total Selling price * 4%
= (100*$4000) * 4%
= $400,000 * 4%
= $16,000
Warranty liability balance Amount ($)
Opening $42,000
Add: Addition during the year $16,000
Less: Claims actually incurred $11,000
Closing balance $47,000
a monopolist faces the demand function qd = 100 − 4p. the monopolist has cost function c(q) = 4q.
Answers
The monopolist's profit-maximizing level of output is 20 units, the profit-maximizing price is $20, and the monopolist's profit is $320.
To find the profit-maximizing level of output and price, we need to determine the monopolist's marginal revenue and marginal cost functions.
The marginal revenue (MR) function for a monopolist is given by the derivative of the total revenue (TR) function with respect to quantity (q):
MR = dTR/dq
The total revenue function (TR) is simply the product of the price (p) and quantity (q):
TR = p*q
So, the marginal revenue function for this monopolist is:
MR = d/dq(pq) = p + q(dp/dq)
To find the marginal cost (MC) function, we take the derivative of the cost function with respect to quantity (q):
MC = dC/dq = 4
Now, to find the profit-maximizing level of output and price, we set MR equal to MC:
p + q*(dp/dq) = 4
Since the demand function is qd = 100 − 4p, we can substitute qd/4 for in the above equation to get:
qd/4 + q*(dqd/dq)*(1/4) = 4
Simplifying and solving for q, we get:
q = 20
Substituting q = 20 into the demand function, we can find the profit-maximizing price:
qd = 100 − 4p
20 = 100 − 4p
p = 20
Therefore, the profit-maximizing level of output for the monopolist is q = 20, and the profit-maximizing price is p = 20. The monopolist's profit is the difference between total revenue and total cost:
Profit = TR - TC = (p*q) - C(q)
Substituting q = 20 and p = 20, and the cost function C(q) = 4q, we get:
Profit = (2020) - (420) = 320
Therefore, the monopolist's profit-maximizing level of output is 20 units, the profit-maximizing price is $20, and the monopolist's profit is $320.
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What does the St stand for in the formula to calculate moving averages of sales forecasting?
Formula:
Ft+1=(St+St+St-2+...+St-N-1/N)
Answers
what is the difference of communism and socialism?
Answers
For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .
Under what category of expense do manufacturing wages fall?
Answers
Answer:
Direct expenses
Explanation:
Manufacturing expenses are categorized into direct and indirect expenses.
Direct expenses are the costs that can be traced to a specific product or service. There are the expenses that relate to the production or provision of a particular good or service. Direct expenses include the cost of material, direct labor, and direct factory overhead costs.
Indirect expenses consist of operating expenses such as rent, administrative salaries, insurance, telephone, internet , and computer costs. These costs cannot be linked to a particular product.
SAMU BED & BREAKFAST (SBB)
Samu is a successful young entrepreneur who
owns many bread & breakfast businesses in
different areas. Samu gives people equal job opportunities without discriminating them
based on age, race and gender. She also values the differences between people and
encourages diversity in the workplace. Some of the SBB employees have disclosed that
they are HIV positive.
1.4.1
Quote from the scenario above TWO ways in which Samu achieves inclusivity in
the workplace.
(2
1.4.2
Outline any THREE purposes of inclusivity in the workplace.
(3
1.4.3 Advise Samu on the negative impact of HIV/Aids in the workplace.
(5
Answers
Explanation:
1. Samu achieves inclusivity by giving people equal opportunity without discrimination at the workplace, she also also encourages diversity in the work place as this helps foster unity amongst the employees.
2. Inclusion produces happier employees, who are more committed to their work because they know they are been appreciated.
Productivity increases.
Improved problem solving.
3. HIV and AIDS has a huge impact on the world of work place as it reduces the supply of labour and available skills, it also increase labour costs, reduces productivity, it’s a threat to the livelihoods of workers and employers, and it also creates an environments which destroys the rights of workers.
Which loan or loans listed below are awarded based on the financial need of the student?
Answers
Answer:
B) 1 and 2. I just took the quiz
Explanation:
Answer:
f me
Explanation:
A HR manager solves a paperwork snag involving an employee's paycheck. answer choices. S. Compen. Training & Development. Compliance. Employee Relations.
Answers
The HR manager's task of solving a paperwork snag involving an employee's paycheck falls under the category of "Compensation."
Compensation refers to the total amount of monetary and non-monetary benefits provided to employees in exchange for their services, including wages, salaries, bonuses, and benefits. Processing and distributing employee paychecks, resolving payroll issues, and ensuring compliance with wage and hour laws are some of the key responsibilities of a compensation specialist or HR manager in charge of compensation.
Wages refer to the amount of money paid to an employee in exchange for the work or services they provide to an employer. Wages are typically calculated on an hourly, daily, or weekly basis and are based on the agreed-upon rate of pay between the employer and the employee. Wages are a type of compensation that is usually paid to non-exempt employees, who are entitled to receive overtime pay for any hours worked over a certain number of hours in a workweek, according to the Fair Labor Standards Act (FLSA) in the United States.
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true/False? an evaluation model is a technique that uses a common yardstick to measure and compare vendor ratings.
Answers
True. An evaluation model is a technique that uses a common yardstick to measure and compare vendor ratings. For example, a vendor might be evaluated according to factors such as cost, quality, timeliness, and customer service.
An evaluation model is a tool or framework that is used to assess or measure the effectiveness, efficiency, or success of a program, project, process, product, or service. Evaluation models are designed to provide objective and reliable information that can be used to inform decision-making, improve performance, and optimize outcomes.
There are different types of evaluation models, and they can vary depending on the nature of the subject being evaluated and the purpose of the evaluation. Some of the commonly used evaluation models include outcome-based evaluation, process evaluation, cost-benefit analysis, logic models and quality assurance models.
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Imagine you are a sales manager and need to tell an employee that his sales numbers have not been very good and he needs to improve them in the next month. Would email be a good choice for this intradepartmental communication? Why or why not?
Answers
Yes, email would be a good choice of telling an employee that his/her sales have not been good.
As just sending a simple email is easy, fast and efficient and it gets the word to that employee as quick as possible
Answer:
Yes, an email would be a good choice of communication. Because then you can alert him/her/them that their sales have not been good this month and have receipts that you gave them a warning.
Survey researchers design and conduct surveys and analyze data. Some survey researchers design public opinion surveys. Other survey researchers (market research analysts) design marketing surveys which examine products or services that consumers want, need, or prefer. Most survey researchers work in research firms, polling organizations, nonprofits, corporations, colleges and universities, and government agencies. The majority work full time during regular business hours. A bachelor's degree may be sufficient for some entry-level positions. The median annual wage for survey researchers was $49,760 in May, 2014. SOURCE: Bureau of Labor and Statistics, U.S. 준. Surveys for scientific research cover various fields, including government, health, social sciences, and education. For example, a survey researcher may try to capture information about the prevalence of drug use or disease. An anonymous survey of college students was taken to determine behaviors regarding alcohol, cigarettes, and illegal drugs. The results were as follows: 894 drank alcohol regularly 665 smoked cigarettes 192 used illegal drugs 424 drank alcohol regularly and smoked cigarettes 114 drank alcohol regularly and used illegal drugs 119 smoked cigarettes and used illegal drugs 97 engaged in all three behaviors 309 engaged in none of the behaviors Source: Jamie Langille, University of Nevada Las Vegas How many students were surveyed? How many drank alcohol regularly or smoked cigarettes? How many used illegal drugs only? How many drank alcohol regularly and smoked cigarettes, but did not use illegal drugs? How many drank alcohol regularly or used illegal drugs, but did not smoke cigarettes? How many engaged in exactly two of these behaviors? How many engaged in at least one of these behaviors?
Answers
a. The number of students surveyed was 1,000.
b. 1,300 students drank alcohol regularly or smoked cigarettes.
c. 75 students used illegal drugs only.
d. 310 students drank alcohol regularly and smoked cigarettes but did not use illegal drugs.
e. 1,110 students drank alcohol regularly or used illegal drugs but did not smoke cigarettes.
f. 193 students engaged in exactly two of these behaviors.
g. 997 students engaged in at least one of these behaviors.
How many students participated in the survey?According to the survey results, there were a total of 309 students who engaged in none of the behaviors, and the remaining students fell into various categories. To determine the number of students surveyed, we sum up the frequencies of all behaviors mentioned in the survey results. Therefore, the total number of students surveyed is 1,000. From the provided data, we can calculate the number of students who drank alcohol regularly or smoked cigarettes by adding the frequencies for each behavior individually. Similarly, we can find the number of students who engaged in specific combinations of behaviors, such as using illegal drugs only or drinking alcohol regularly while smoking cigarettes but not using illegal drugs. By analyzing the data, we can answer each of the given questions accurately.
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What are the three ways the argument section of a cover letter can be formatted
Answers
Why do LLCs often have problems borrowing funds for business growth? Because the partners and directors of the LLC do not share responsibility for the debts of the LLC Because the members of the LLC are not personally liable for the debts and loans received by the LLC Because members of the LLC cannot legally authorize the business to create debt or to borrow money Because an LLC can only issue stock certificates to members of the company SAVE AND CONTINUE
Answers
A legal structure known as limited liability allows an organization's loss to be limited to the amount invested in a partnership. Because an LLC can only issue stock certificates to members of the company . Option D is correct .
How Does Limited Liability Work?Private assets of owners and investors are not at risk in the event of the company's failure. It is known as a "gesellschaft mit beschränkter Haftung" (GmbH) in Germany.
One of the greatest advantages of investing in publicly traded businesses is the limited liability feature. A shareholder can fully participate in a company's growth, but their liability is limited to the amount they invested, even if the company later goes bankrupt and still owes money. When an individual or a business operates with limited liability, assets belonging to the associated individuals cannot be seized in an effort to repay the company's debt obligations. Direct investments, like the purchase of company stock, are considered assets of the company in question and are subject to seizure in the event of bankruptcy.
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purchased goods for RS 1000 from arun find debit and credit
Answers
Answer:
purchase account debit
To arun account credit
( Being goods purchased from arun)
PLEASE HELP ASAP::::
A tip employee’s earnings most closely resemble those of which of the following?
a.
An employee working on straight commission
b.
An employee working on commission plus salary
c.
An employee working on a piece-rate basis
d.
An employee working on a fixed salary
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer: c. An employee working on a piece-rate basis
fashooo
baker company issued $200,000 of ten-year bonds to yield 11% when the stated rate of the bonds was 9%. present value interest factors (pvif) are: 9% 11% pvif of $1, 10 years 0.42241 0.35218 pvif of annuity of $1, 10 years 6.41766 5.88923 the entry to record the bond issuance would be multiple choice
Answers
The difference between the face value of the bonds and the amount received is due to the difference between the stated rate (9%) and the market rate (11%).
The entry to record the bond issuance would be:
Debit Cash $ [Value of bond issuance]
Credit Bonds Payable $ [Value of bond issuance]
Assuming the bonds were issued at face value, the entry would be:
Debit Cash $200,000
Credit Bonds Payable $200,000
The difference between the face value of the bonds and the amount received is due to the difference between the stated rate (9%) and the market rate (11%). The bonds were issued at a discount, which means the effective interest rate (11%) is higher than the stated rate (9%). The discount is amortized over the life of the bonds, resulting in higher interest expense in the early years of the bond and lower interest expense in the later years.
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Rocks, like this schist, are composed of minerals. Minerals have an exact crystal structure. Rocks, minerals, and crystals are all made of.
Answers
Rocks, like this schist, are composed of minerals. Minerals have an exact crystal structure. Rocks, minerals, and crystals are all made of Atoms
Atoms can be defined as a nucleus which is present in the middle which is surrounded by protons, neutrons, and electrons. Uranium is split into smaller atoms during the fission process which also helps in forming new atoms. The creation of atoms can be observed in various forms as Big Bang and Supernova phenomena.Protons, neutrons, and electrons are three incredibly small subatomic particles that make up an atom.To know more about Atoms here
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The first volunteer fire company began in Philadelphia in 1735, under the
leadership of
Answers
Answer:
The first volunteer fire company began in Philadelphia in 1735, under the
leadership of Benjamin Franklin.
Hugh has the choice between investing in a city of heflin bond at 6 percent or investing in a surething inc. Bond at 9 percent. Assuming that both bonds have the same nontax characteristics and that hugh has a 40 percent marginal tax rate, in which bond should he invest?.
Answers
Based on the Heflin City Bond return and the corporate bond return, Hugh should invest in the Heflin City Bond.
The decision to invest in a bond in this instance, should be driven by which bond has the better after tax return.
Surething Inc After tax return.= Return x ( 1 - tax rate)
= 9% x ( 1 - 40%)
= 5.4%
Heflin bonds are not taxed as they are municipal bonds. The bond with a higher after tax return is therefore the Heflin bond at 6%.
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Which of the following is the best summary of the parol evidence rule?
A. Oral evidence is never allowable in interpreting the meaning of
contracts
B. Oral evidence can only be used to interpret contract meanings in
certain situations
C. A written contract is assumed to contain all the terms and
conditions of an agreement unless otherwise stated.
OD. Oral evidence is always valuable and useful in clarifying the
meaning and intent of written contracts.
Answers
Answer:
C. A written contract is assumed to contain all the terms and
Answer:
oral evidence can only be used to interpret contract meanings in certain situations
Explanation:
a p e x
a company's board of directors votes to declare a cash dividend of $1.60 per share of common stock. the company has 32,000 shares authorized, 27,000 issued, and 26,500 shares outstanding. the total amount of the cash dividend is:
Answers
the company has 32,000 shares authorized, 27,000 issued, and 26,500 shares outstanding. the total amount of the cash dividend is $42,400 $1.60 × 26,500 shares outstanding = $42,400.
A dividend is a distribution of profits via a corporation to its shareholders. when an agency earns a profit or surplus, it could pay a share of the income as a dividend to shareholders. Any amount now not distributed is taken to be re-invested in the business (called retained profits). The modern-day 12 months' income in addition to the retained income of preceding years is available for distribution; a business enterprise is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (typically a deposit right into a bank account) or, if the company has a dividend reinvestment plan, the amount may be paid by the issue of similar shares or by using percentage repurchase. In some instances, the distribution may be of assets.
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help please
Given the following, calculate the days of supply. (slide 4) 29.2 days \( 18.25 \) days \( 14.6 \) days \( 45.6 \) days
Answers
The company has approximately 45.6 days of supply based on its current inventory level and cost of goods sold. So, the correct option is D. 45.6 days.
The days of supply can be calculated by dividing the average inventory by the cost of goods sold (COGS) and multiplying it by the number of days in a year.
The formula for calculating the days of supply is:
Days of Supply = (Average Inventory / COGS) x 365
Using the given values:
COGS = $24,000,000
Average Inventory = $3,000,000
Plugging in these values into the formula:
Days of Supply = ($3,000,000 / $24,000,000) x 365
Simplifying the calculation:
Days of Supply = 0.125 x 365
Days of Supply = 45.625
Therefore, the days of supply is approximately 45.6 days.
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The complete question is:
Given the following, calculate the days of supply. (slide 4)
Cost of Goods Sold (COGS) $24,000,000
Average Inventory $3,000,000
A. 29.2 days
B. 18.25 days
C. 14.6 days
D. 45.6 days
State 4 factors that will hinder the development of the manufacturing industry
Answers
Answer:
Tip
Raw Materials and Supplies
Machinery and Equipment
Factory Overhead and Utilities
Explanation:
Diana's gross pay was $890 and her total deductions were $89. What is her net pay?
Answers
Explanation:
Greetings !
Diana's gross payment - Her deductions = Her net payment.
Thus, $890-$89=801$=Net payment of Diana.
Hope it heps!
in preparation for an upcoming ad campaign, you need to connect campaign manager 360 and analytics 360. where should you look to enable that integration?
Answers
For preparing an upcoming advertisement, one must connect the campaign manager 360 and analytics 360 by looking for it at the integration center. Therefore, the option B holds true.
A campaign manager can be referred to or considered as the person who is responsible for preparation and execution of plans for their marketing campaigns. A campaign manager must ensure that the campaign is able to give the intended message to the public through the advertisement or placement of the product within the structure of the market.
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Complete question
in preparation for an upcoming ad campaign, you need to connect campaign manager 360 and analytics 360. where should you look to enable that integration?
In the Floodlight Configuration Center
In the Integration Center
Account Settings
Admin Account
A Nash equilibrium will always result in players receiving their highest possible payoff in a game. True False
Answers
Nash equilibrium is about stability, not necessarily achieving the highest payoffs. The given statement is False.
A Nash equilibrium is a concept in game theory where no player has an incentive to unilaterally change their strategy, given the strategies chosen by the other players. In other words, in a Nash equilibrium, each player's strategy is the best response to the strategies chosen by the other players.
However, it does not guarantee that players will receive their highest possible payoff in a game. It only ensures that, given the strategies of the other players, no player can improve their payoff by changing their strategy alone. In some cases, there might be other strategies that could result in higher payoffs for certain players, but those strategies may not be stable in the face of the other players' strategies. Nash equilibrium is about stability, not necessarily achieving the highest payoffs.
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stateless corporations transcend nationality by remaining loyal to their home country in every global market they enter.
Answers
The statement 'stateless corporations transcend nationality by remaining loyal to their home country in every global market they enter' is false.
In the field of business, multinational companies are referred to as stateless corporations.
Stateless corporations have the intention to expand their business in different countries and places across the world. Such companies or corporations are not limited to their home country and expand their business to countries that provide much better revenue.
We can say that the stateless corporations are not loyal to their home country as they represent their brand name and represent themselves as being international in the global market.
Although a part of your question is missing, you might be referring to this question:
Stateless corporations transcend nationality by remaining loyal to their home country in every global market they enter. True or false
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