Certificate of Deposit are a type of demand deposit

a. true
b. false

Ans: b. false

Business

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At the beginning of a real estate career a salesperson must turn over all security deposits to the broker. When one tenant moved out three months early and demanded the return of his security deposit because of a breach in the lease by the landlord, the landlord also demanded that deposit. What should the salesperson do to help resolve the problem?

A. The salesperson should suggest to each party that they put in writing to the broker a request for the deposit in doubt. B. Since the tenant moved out three months early,, the salesperson should suggest to the landlord that he is untitled to the security deposit. C. The salesperson should suggest to each party that they personally discuss this matter with the broker. D. The salesperson should inform the tenant that moving out three months early is a breach in the lease and that he will not be eligible for a return of his security deposit until the ens of the original lease term.

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Companies can enhance their "trustability" by:

A) automatically renewing subscriptions or product shipment so that customers don't have to do this. B) giving different policy answers to individual customers. C) keeping pricing information confidential so that customers do not feel they are paying too much. D) exceeding expectation for openness and transparency.

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