When may a broker rebate part of a commission to an unlicensed seller?
a. Only with the buyer's permission
b. Never
c. When negotiating or renegotiating the commission
d. RESPA always prohibits such rebates
Answer: c. When negotiating or renegotiating the commission
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The value of an apartment building is being determined by the income approach. Under which of the following circumstances would the appraiser make a deduction from effective gross income for the cost of management:
A: The owner manages the property; B: One of the tenants manages the property and is excused from making rent payments for his unit; C: One of the tenants who lives in a nearby building owned by the owner manages both properties, free of cost to the owner; D: All of the above.
One of the possible objectives of marketing communications is helping consumers evaluate a brand's perceived ability to meet a currently relevant need. Which of the following is a negatively oriented relevant brand need?
A) normal depletion B) sensory gratification C) social approval D) intellectual stimulation E) value enhancement