Income from continuing operations includes ________
A) extraordinary losses but not extraordinary gains
B) gains and losses from discontinued operations
C) the taking of company assets by a foreign government
D) losses due to labor strikes
D
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Which statement is true with respect to limited partners in a limited partnership former to broker real estate?
A. All limited partners must be brokers, either active or in active. B. Limited partners are not allowed to perform management services C. Actively licensed limited partners main perform management services for the partnership. D. All limited partners must be licensed as interactive brokers or in active sales associates
Which of the following is true about trends in wholesaling?
A) New laws prevent wholesalers from having their own retailing operations. B) Value-added customer relationships have been replaced by control systems. C) Merchant wholesalers are decreasing in number and relevance. D) The demand for lower prices and higher quality has increased. E) Bulk breaking is increasingly popular and necessary.