Someone who is not yet a licensed real estate agent can legally collect a fee for real estate
services if the license requirement is based on a regulatory statute.
Indicate whether the statement is true or false
FALSE
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The advantages of using industry-based agencies to resolve advertising complaints rather than the governmental agencies, such as the FTC, include the following, except:
A) cases are normally heard sooner and at a lower cost B) the disputes are resolved quicker and are seldom referred to the Federal Trade Commission C) cases are heard by judges with experience in handling advertising cases D) it does not involve any civil penalties and no legal action can be taken
Which of the following is NOT identified as part of being socially responsible?
A) providing opportunities for physically challenged people B) establishing work/life standards C) practicing fair pricing D) practicing cooperative government relations
Jim agreed to show Donna's car to a potential buyer. Donna was not able to be home since she had to attend a meeting. After showing the car, Jim left the keys in it and the car was stolen. Which statement is correct?
a. Since Jim is a gratuitous agent, he will only be liable for the loss of the car if his conduct constitutes gross negligence. b. Since Jim is a gratuitous agent, he will be liable for the loss of the car if his conduct constitutes ordinary negligence. c. Since Jim is a gratuitous agent, he has no liability for the car. d. Since Jim is a gratuitous agent, he is strictly liable for the loss of the car.
The confusion created by ________ makes it difficult for companies to create customer relationship management, supply chain management, or enterprise systems that integrate data from different sources
A) batch processing B) data redundancy C) data independence D) online processing E) data freedom