A brokerage firm who hires an employee is responsible to give the employee a paid vacation.

Which statement is true with regard to deductibles?

I. Property insurance premiums are unrelated to deductibles. II. Deductibles help to eliminate small claims. (a) I only (b) II only (c) both I and II (d) neither I nor II

Which of the following is not an essential element in creating a real estate agency?

a. fiduciary relationship b. size of the commission c. parties must be competent d. agreement between principal and agent