An in-company transaction happens when both the buyer and seller are working with the same brokerage firm.

a. true
b. false

Answer: a. true

Business

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The federal Loan Estimate is to be delivered to a borrower:

a. within three business days of receipt of a consumer mortgage application. b. within three business days of closing. c. no more than one calendar day before the close of escrow. d. at least ten business days from the date of the loan commitment.

Business

Which of the following is NOT a remedy for the bullwhip effect?

A) share demand information B) channel coordination C) order batching D) price stabilization E) allocate orders based on past demand

Business