Selling agents:
A. Are compensated solely by commissions from their principals
B. Act as their principals' representative in a specific and limited territory and specialize in a limited range of products
C. Take ownership of the merchandise they sell for manufacturers
D. Have no authority to modify their principals' instructions concerning price or terms of sale
E. Perform the same functions as manufacturers' reps for their principals
Ans: A. Are compensated solely by commissions from their principals
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Which of the following is true of small offering exemption?
A) Securities coming under this exemption cannot be advertised to the public. B) Securities coming under this exemption can only be sold to accredited investors. C) Securities coming under this exemption can only be bought by nonaccredited investors. D) Securities coming under this exemption have no resale restrictions imposed on them.
EBITDA is an acronym for
A) Earnings Based Information, Total Development Approach. B) Ernst, Bostwick, Davenport, Innes Approach. C) Earnings Before Interest, Taxes, Depreciation, and Amortization. D) Earnings Before Interest, Taxes, Dividends, and Asset replacement.