All states impose liability on real estate agents and brokers for innocent or fraudulent misrepresentation
Indicate whether the statement is true or false
False
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According to Congress, the Fair Credit and Charge Card Disclosure Act would:
A. challenge the authority of the Federal Trade Commission. B. allow late disclosure by credit and charge card issuers. C. allow lesser detailed disclosure by credit and charge card issuers. D. enable consumers to shop around for the best cards.
An improvement made to a machine increased its fair market value and its production capacity by 25 percent without extending the machine's useful life. The cost of the improvement should be
a. expensed. b. debited to Accumulated Depreciation. c. capitalized in the machine account. d. allocated between Accumulated Depreciation and the machine account.
Which of the following defines a remainder as a form of future interest?
A) It is a right of possession that returns to the grantor after the expiration of a limited or contingent estate. B) It is a right of possession that returns to a third party upon the expiration of a limited or contingent estate. C) It is a form of concurrent possession of a multiple-dwelling building in which a corporation owns the building and the residents own shares in the corporation. D) It is a form of concurrent possession that includes the right of survivorship.
Important buying process characteristics in organizational buying behavior include which of the following?
A. Negotiations, purchases, and delivery occur in real time at an accelerated rate. B. There are often reciprocal arrangements and negotiations between buyers and sellers. C. Direct selling to organizational buyers is rare because it is cost-prohibitive. D. Few large transactions are made over the Internet due to concerns of industrial espionage. E. Most purchases are made through government-licensed negotiators.