An officer of Ajax Corporation, who is not a real estate licensee, successfully negotiated the purchase of the Smith Widget Plant on behalf of Ajax. The officer received a commission on the sale in addition to his normal salary. The officer of Ajax Corporation
A) did not need a real estate license for the deal.
B) should have had a real estate license.
C) is exempt from licensing requirements.
D) none of these.
Answer: B) should have had a real estate license.
Business
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A. include a definite termination date. B. indicate that the commission is negotiable. C. give a copy to the owner. D. any of these.
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A retailer selling products that are potentially dangerous due to misuse or manufacturer defects should get _____ insurance
a. property damage b. public liability c. product liability d. workers' compensation
Business