A property manager's compensation would most likely be based on all of the following EXCEPT:

A. A percentage of the gross income.
B. A percentage of the net income.
C. The standardized fee in the market place.
D. A fixed fee negotiated between the agent and the principal.

Answer: C. The standardized fee in the market place.

Business

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Component J is ordered on February 1, is received, and is ready to use on February 8. Its planning lead time is seven days

Indicate whether the statement is true or false.

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What was occurring when railroads were trying to decide on the standard width of a railroad track?

a. backward compatibility b. standards battle c. cooperation between competing firms d. customer adoption

Business