An unlicensed friend of a licensee is hosting open houses and passing out brochures with information on the houses to secure prospects for the licensee. The person would be guilty of:
A. A misdemeanor.
B. A misrepresentation.
C. Commingling.
D. An undisclosed dual agency
Answer: A. A misdemeanor.
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Ortho Products would like to estimate the length of time that its new product, the Sonar Brush (cleans teeth without touching them), will stay in the introductory phase of its product life cycle. What do you tell management?
a. Time is largely determined by the income level of its target markets. b. Time is largely determined by the political and legal environment. c. Time is largely determined by the level of relative advantage over what is currently being used. d. Time is largely determined by the general economic environment.
Market value changes in net worth arise from current period savings or dissavings
Indicate whether the statement is true or false