Mutual consent in real estate contract is normally evidenced by which of the following.

a. Offer in compromise.
b. Offer and acceptance.
c. Offer and counter offer.
d. Offer and deposit.

Answer: b. Offer and acceptance.

Business

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Which is not one of the five major types of sources of power?

A) Personal power. B) Reward power. C) Coercive power. D) Legitimate power. E) Expert power.

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Four characteristics are used to differentiate services from goods. Which of the following is NOT one of those characteristics?

A) intangibility B) perishability C) variability D) personalization E) inseparability

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