A broker or salesperson may perform all of these actions in preparation for a closing EXCEPT

A) explain closing procedures to both buyer and seller and anticipate decision making alternatives.
B) maintain a time schedule and provide net data.
C) coordinate inspections and deliver documents and escrow monies to the appropriate attorney.
D) conduct any title searches that might be required.

Ans: D) conduct any title searches that might be required.

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Springfield Co., based in the U.S., has a cost from orders of foreign material that exceeds its foreign revenue. All foreign transactions are denominated in the foreign currency of concern. This firm would ____ a stronger dollar and would ____ a weaker dollar.

a. benefit from; be unaffected by b. benefit from; be adversely affected by c. be unaffected by; be adversely affected by d. be unaffected by; benefit from e. benefit from; benefit from

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Which of the following is not true about the graph of a mixed cost?

a. It is possible to determine the amount of the fixed cost from the graph. b. There is a total cost line on the graph. c. The fixed cost portion of the graph is the same amount at all levels of activity. d. The variable cost portion of the graph is rectangular in shape.

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