To be eligible for a broker or agent license, the applicant needs to be honest and truthful, complete mandatory education and:
a. provide proof of legal presence in the U.S.
b. be at least 21 years of age.
c. have previously worked as an unlicensed assistant.
d. pass the qualifying exam.
Answer: d. pass the qualifying exam.
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The Truth in Lending Act (TILA) requires creditors
A) to inform you of the amount of monthly interest but not how it is determined. B) to tell you the APR, the interest rate applicable during a period, and the method used to determine the balance to which the rate is applied. C) to inform you only of the APR; with this, you can determine all other information if you want it. D) simply to be truthful in any information provided; the kind and amount of such information is up to them.
An enterprise resource planning system integrates all functions of the enterprise
Indicate whether the statement is true or false