Which is NOT sufficient cause for the revocation of a real estate license?
A. Commingling of principal and personal funds
B. Acting for more than one party in a transaction
C. Making a substantial misrepresentation
D. Making any false promises of a character likely to influence, persuade, or induce
Answer: B. Acting for more than one party in a transaction
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Indicate whether the statement is true or false
Cyclane's chief marketing officer suggests that a merger with an existing company provides unique opportunities that are not afforded by exporting products or by constructing new facilities. Which of the following, if true, strengthens his position?
A) A merger with an existing company allows a company to learn from locals about the local market. B) A merger with an existing company often provides a high return on investment over the long term. C) A merger with an existing company expands a company's market beyond the domestic one. D) A merger with an existing company typically involves several legal hurdles. E) A merger with an existing company can greatly complicate business operations.