As a general rule, a real estate broker may act for more than one person in a real property transaction without the knowledge of all parties to the transaction
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following topics of a franchise agreement refers to the franchisor's right to make periodic inspections of the franchisee's premises and operations?
A) quality-control standards B) training requirements C) covenant not to compete D) arbitration clause
When a bank acts as an agent of another bank, especially in carrying a deposit balance for the latter, then that bank will be referred to as a ________
A. commercial bank B. central bank C. reserve bank D. correspondent bank
A contributing factor to the increased profits associated with diversity is that
A) cultural diversity is used to justify lower wages. B) the workforce is similar to the customer base in appearance and customs. C) the conflict associated with diversity leads to better product decisions. D) customers are usually willing to pay higher prices to companies with a diverse workforce.
Even if it has been lawfully and properly declared, a stock dividend may be revoked unless it has been actually distributed
a. True b. False Indicate whether the statement is true or false