Hannah has extensive contacts in the real estate business and brings together buyers and sellers. Although she assumes no risks, she can offer specialized knowledge about real estate. Hannah is a

A. commission merchant.
B. selling agent.
C. broker.
D. specialty salesperson.
E. sales branch agent.


Answer: C

Business

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A contra-asset account used to reduce accounts receivable to its net realizable value is known as a(n) ____________________

Fill in the blank(s) with correct word

Business

On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgage note for $186,000 at 15%. The note will be paid in equal annual installments of $49,148, beginning January 1, 2019. Calculate the portion of interest expense paid on the third installment

(Round your answer to the nearest whole number.) A) $49,148 B) $21,048 C) $27,900 D) $164,752

Business

How well services meet customer expectations is called ____.

A. effectiveness B. efficiency C. quality D. customer satisfaction

Business

Which of the following is true of the lobbying business?

A) It spends around $10,000 per day lobbying federal government. B) It is dominated by the nonprofit industry. C) It has grown steadily in recent decades. D) As of 2011, federal registration is no longer required.

Business