Rouster has not yet taken the examination for real estate salespersons in his state, but has the opportunity for a listing. Rouster says he has all the knowledge, and the examination is simply routine. Can Rouster take the listing and collect a commission?


No, Rouster needs a license and will not be able to collect the commission without a license.

Business

You might also like to view...

What type of communication should leaders of virtual teams encourage as much as possible?

a. face-to-face b. email c. text d. videoconferencing

Business

Identify the account below that is classified as a liability account:

A. Accounts Payable B. Cash C. Equipment D. Salaries Expense E. Retained Earnings

Business

Salespeople can convert follow-up and service situations into sales.

Answer the following statement true (T) or false (F)

Business

The amount of federal income taxes withheld from an employee's gross pay is recorded as a:

A) payroll expense. B) contra account. C) current asset. D) current liability.

Business