The history of the facsimile technology demonstrates that innovation alone does not lead to commercial success

Fees collected by the Real Estate Commission are held:

A. By the Real Estate Commission members. B. In the Commissioner's personal checking account. C. In the General Fund of the state treasury. D. In an interest bearing trust account.

A licensed real estate broker working under a typical exclusive listing incurs several expenses. He is not entitled to be reimbursed for these expenditures, unless:

A: The buyer has demanded that these expenses be incurred as a condition of continuing with the transaction; B: Such expenditures were authorized by the principal; C: It was necessary for him to incur the expenses in order to close the sale; D: The broker was representing the best interests of the principal in consummating the sale.