The ethics and standards of practice for appraisers are described in:

a. State Real Estate Law.
b. Member of the Appraisal Institute (MAI) Reference Manual.
c. Uniform Standards of Professional Appraisal Practice (USPAP).
d. Fannie Mae (FNMA) Guidelines.

Answer: c. Uniform Standards of Professional Appraisal Practice (USPAP).

Business

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Which of the following terms refers to the maximum number or value of shares that a corporation is permitted by its charter to issue?

A) amortized share capital. B) authorized share capital C) regulated share capital D) chartered share capital E) aggregate share capital

Business

Sam is a sales representative for Acme Corp. who is having trouble explaining the benefits of his product. He has decided to try to improve his communication by examination of the Communication Process Model

Currently, he calls customers on the phone and tells them what new products are available. He then sends them their orders via the postal service. His customers frequently return goods because they are not as expected. In this case, returned goods are a form of: A) medium. B) encoding. C) channel. D) feedback.

Business