The Real Estate Commission has authority over ethical conduct.

A recommended technique for gaining support for change is to

a. discuss and negotiate sensitive issues. b. figure out what to do as one goes along. c. discourage worker participation in the changes. d. avoid discussion about financial consequences.

Assuming two investments have equal lives, a high discount rate tends to favor

A) the investment with large cash flow early. B) the investment with large cash flow late. C) the investment with even cash flow. D) neither investment since they have equal lives.