When you, as agent, are certain that the seller will not accept a specific offer from the buyer, you should never:
A: Present the offer to the seller anyway;
B: Upon rejection of the offer by the seller, induce the seller to make a counter-offer;
C: Write new terms on the back of the offer and present them to the buyer for approval;
D: Change the buyer's offer to what you believe the seller will accept, initial the changes, and then present the offer to the seller.
Answer: D: Change the buyer's offer to what you believe the seller will accept, initial the changes, and then present the offer to the seller.
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Which of the following omissions best describes a corporate governance shortcoming of Zero's board of directors? The board's failure to:
A) Address the potential conflicts of interest between managing the firm's hedge fund and its mutual fund business B) Meet the market opportunity for a new kind of mutual fund C) Establish the hedge fund operation in separate corporation
Depreciation Expense
a. Operating b. Investing c. Financing d. Supplemental