A real estate license is required for all of the following individuals except:

A. An appraiser on salary with a financial institution
B. A person showing time share condo units
C. And out-of-state auctioneer selling Florida farmland
D. A person selling business opportunities

Answer: A. An appraiser on salary with a financial institution

Business

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For its fiscal year, the King Pharmaceutical Company reported sales of $10,500,000, cost of goods sold of $6,300,000, and net income of $525,000. The company's gross profit ratio for the year is:

A. 40% B. 60% C. 5% D. 20%

Business

Despite its shortcomings, a compelling argument in favor of the stakeholder model is that:

What will be an ideal response?

Business