A broker lists a seller's property. A buyer makes a full price offer on the property. Can the broker accept the offer for the seller?
A. Yes, the broker can bid the principal to any contract.
B. Yes, only if it a full price offer.
C. No, the broker is a special agent and may not bind the principal.
D. No, this would create a dual agency.
Answer: C. No, the broker is a special agent and may not bind the principal.
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Which of the following statements is true of transformational leadership ?
A. It's a process in which leaders and followers exchange efforts for specified rewards. B. It's an interactive process in which the leader tries to shift power to those who are being led. C. It helps raise the morality and motivation in the leader and follower. D. It communicates high expectations.
The goal of any forecasting method is to predict the systematic component of demand and estimate the random component
Indicate whether the statement is true or false.