Which of the following will terminate an agency agreement?
A. Physical incapacity of the listing broker.
B. Mental incapacity of the listing broker.
C. Physical incapacity of the listing salesperson.
D. Mental incapacity of the listing salesperson
Answer: B. Mental incapacity of the listing broker.
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A contractor was building a new home. Before completion, he received several offers to rent the property. Just before completion, the city announced that it was taking 10 feet off the front of the property to widen the street to facilitate traffic. Thereafter, offers to rent were for approximately 10% less. This would be an example of which of the following types of depreciation:
A: Straight line depreciation; B: Physical deterioration; C: Functional obsolescence; D: Economic obsolescence.
Report preparation and presentation is the final step in the marketing research project
Indicate whether the statement is true or false