When answering the phone, it is acceptable to use an acronym for your company's name

Indicate whether the statement is true or false.

FALSE

Business

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A seller listed the property with a broker. During the listing period the seller found his own buyer and refused to pay the broker a brokerage fee. The broker successfully sued the seller, which of the following types of listings did the broker most likely have?

A. Open listing. B. Net listing. C. Exclusive agency. D. Exclusive right to sell.

Business

Diamond Electronics Inc. has a current price of $18.45 per share for its preferred shares that pay an annual dividend of $0.96. What is the current return on the firm's preferred shares?

A) 5.20% B) 19.22% C) 8.74% D) There is not enough information to answer this question.

Business