When a real estate licensee advertises properties on the Internet (world wide web), which of the following best describes the licensee's responsibilities:

A: The licensee cannot respond to out-of-state inquiries;
B: The licensee must personally respond to all inquiries;
C: The licensee must respond within 48 hours;
D: The licensee must exercise proper supervision over any non-licensee who responds to inquiries.

Answer: D: The licensee must exercise proper supervision over any non-licensee who responds to inquiries.

Business

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What will be an ideal response?

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To determine the implied fair value of goodwill, the company will compare the fair value of the reporting unit (including goodwill) with ________

A) the fair value of the net assets of the reporting unit (without goodwill) B) the fair value of the net assets of the reporting unit (including goodwill) C) the fair value of the reporting unit (without goodwill) D) the book value of the reporting unit (without goodwill)

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