When Can a Broker Consider a Deal to Be Done

question 5

Multiple Choice

When can a broker consider a deal to be done?

• A) if he is confident that the dealer will not back out of the deal
• B) if both parties to the deal have established credit lines for each other
• C) if one party to the deal acknowledges interest
• D) if he receives acknowledgement from both the dealers involved

Analyze the effects of favorable and unfavorable variances on income.

Describe the steps involved in the effective management of variance analysis.

Explain how flexible budgets are used in performance evaluation.

Learn the reasons behind different variances and their impact on a company’s financial performance.

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Definitions:

Strict-Liability Torts

Legal claims that impose liability on a party without a finding of fault, such as liability for harm caused by inherently dangerous activities or defective products.

Inherently Dangerous

An activity or condition is inherently dangerous if it naturally has potential to cause harm or damage without additional negligence or intent.

Precautions

Measures taken in advance to prevent harm or secure good outcomes.

Tort

A civil wrong that causes a claimant to suffer loss or harm, resulting in legal liability for the person who commits the tortious act.