When a broker employs a salesperson, the broker needs to:
a. provide annual pay increases in an amount no less than 3%.
b. exercise reasonable supervision over the activities performed by the agent.
c. establish a retirement program for the agent.
d. provide minimal health and dental insurance coverage for the agent.
Answer: b. exercise reasonable supervision over the activities performed by the agent.
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Which of the following best describes an economic consultative association?
A. It is a group of states that have reduced or eliminated trade barriers among themselves but maintain their individual tariffs in dealing with other states. B. It is a group of states that exchanges information, coordinates economic policy, and promotes trade cooperation. C. It is a business firm operating branches, subsidiaries, or joint ventures in two or more states. D. It is a group of states that have reduced or eliminated trade barriers among themselves and have established a common external tariff.
Research suggests that brainstorming groups tend to produce more ideas than individuals who are working separately
Indicate whether the statement is true or false