According to the Statue of Frauds, cooperating broker fee splitting agreements are:
A. never used by real estate licensees
B. covered under the statute of broker agreements
C. not required to be in writing
D. required to be in writing
Answer: C. not required to be in writing
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Which of the following is not covered by the U.S. Department of Commerce's 1993 booklet, International Business Practices, concerning distributor agreements?
a. If possible, state the jurisdiction that will handle disagreements. b. What is legal in the United States may not be legal in another country. c. Benefits to both parties should be stated. d. The agreement can be either oral or written.
According to the textbook, in many instances an investor will first ask for a copy of a firm's ________ and will request a copy of the full business plan only if that portion of the plan is sufficiently convincing
A) appendix B) industry analysis C) operations plan D) financial plan E) executive summary