The Department of Housing and Urban Development (HUD) issues guidelines that require real estate brokers selling or renting single family residences (SFRs) display a(n):
a. code of ethics.
b. copy of the broker's driver's license.
c. inspirational poster.
d. fair housing poster.
Answer: d. fair housing poster.
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For years, many people thought plastic wrap was almost impossible to use and refused to buy the product. The manufacturer of Saran plastic wrap has spent many advertising dollars advising customers on how to eliminate the problems associated with the use of plastic wrap. What has this manufacturer engaged in?
a. diversification b. product mix expansion c. repositioning d. product line expansion
William Gladstone has been engaged as sales agent for the Doremus Corporation. Under which of the following circumstances may Gladstone delegate his duties to another?
A. When an emergency arises and the delegation is necessary to meet the emergency. B. When it is convenient for Gladstone to do so. C. Only with the express consent of Doremus. D. If Doremus sells its business to another.