Which of the following conditions does not favor the use of a census (Table 11.1 in the text)?
A) There is high variance in the characteristic to be measured.
B) The cost of nonsampling errors is low.
C) The population is large.
D) The cost of sampling errors is high.
C
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During the right-to-cure period, the borrower must pay off the entire principal owed.
a. true b. false
A licensed real estate broker working under a typical exclusive listing incurs several expenses. He is not entitled to be reimbursed for these expenditures, unless:
A: The buyer has demanded that these expenses be incurred as a condition of continuing with the transaction; B: Such expenditures were authorized by the principal; C: It was necessary for him to incur the expenses in order to close the sale; D: The broker was representing the best interests of the principal in consummating the sale.