To create an agency relationship, it is necessary that
a. A listing contract be registered with the DOS.
b. The principal and agent sign a written agreement.
c. The principal pay the agent's fees.
d. The parties act as principal and agent.
Answer: d. The parties act as principal and agent.
Business
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Which statement is not true of state and local taxes?
A) They do not vary much from one part of the country to another. B) Most of the states have state income taxes. C) Most of the states have state sales taxes. D) Most local governments rely upon property taxes for most of their tax revenues.
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What was the purpose for William Sharpe's development of the single index market model?
What will be an ideal response?
Business