A property manager
a. must be a real estate broker.
b. is the property owner's agent.
c. is the tenant's agent.
d. is not an agent.
Answer: b. is the property owner's agent.
Business
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If there is no ______________________, state LLC statute will govern. For example, if there is no agreement in place on how profits will be divided, state statute is that it will be divided equally.
Fill in the blank(s) with the appropriate word(s).
Business
Which of the following usually occurs at a corporation's first board meeting?
A) The articles of incorporation are filed. B) Bylaws are enacted. C) The face value of the stock to be issued is decided. D) A certificate of incorporation is issued.
Business