The four basic scale characteristics are nominal, order, distance and origin

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.

Which of the following statements is true of marketing plans?

A) They can be independently developed without worrying about other functional areas. B) They provide direction and focus for a brand, product, or company. C) They are usually profit-oriented. D) They are of limited use to nonprofit organizations. E) They are typically five-year plans and they lay out the strategies required to achieve targets in those five years.