Brokers and agents are required to complete ______ hours of continuing education (CE) every four years to renew a license issued by the Department of Real Estate (DRE).

a. 50
b. 45
c. 30
d. 15

Answer: b. 45

Business

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An arrangement where a bank receives customer payments through the postal system, scans the remittance advices, and transmits payment data to the business electronically is known as

A) e-commerce. B) an electronic lockbox. C) electronic funds transfer (EFT). D) electronic data interchange (EDI).

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A local retailer seeking to expand on a regional basis and that does not have adequate financing, should consider a chain organization instead of franchising

Indicate whether the statement is true or false

Business