The following data reflect the number of customers who test drove new cars each day for a sample of 20 days at the Redfield Ford Dealership

Under process costing, a single Work-in-Process Inventory account is maintained for all processes, with a subsidiary ledger containing individual production cost reports for each process

Indicate whether the statement is true or false

Failure of the seller's agent to provide the seller with the Agency Law Disclosure prior to entering into the listing agreement may result in:

a. payment of a $1,000 fine. b. the loss of their fee. c. jail time. d. the forfeiture of all funds in their trust.