A valid listing agreement must contain which stipulation?
A. The preprinted rate of commission
B. A hold-harmless clause
C. Specific reference to the subject matter of the listing
D. The right of either party to cancel upon notice
Answer: C. Specific reference to the subject matter of the listing
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McDonald's recently announced that it will no longer purchase meats from Tyson Foods. What are the likely immediate implications for Tyson Foods?
a) Its market value drops, its book value goes up b) Its market value goes up, its book value drops c) Its market value drops, its book value stays the same d) Its market value stays the same, its book value drops e) Its market value stays the same, its book value stays the same f) Its market value drops, its book value drops
Growing firms should be able to rely on internally generated funds since external funding is expensive and unreliable
Indicate whether the statement is true or false