The lump-sum amount paid for a group of assets is divided among the acquired assets based on their relative market values. This method is known as the relative-market-value method

Indicate whether the statement is true or false

TRUE

Business

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A designated broker who cannot attend the closing asks another broker to attend for the broker. The designated broker is no longer obligated for the closing.

a. true b. false

Business

Which of the following steps distinguishes external acquisition process from in-house development?

A) systems planning and selection B) systems analysis C) development of a request for proposal D) proposal evaluation E) vendor selection

Business