A sole proprietor who closes an office and goes to work at a different brokerage firm would need to turn over all the files to the new employing broker to hold for 4 years.

a. true
b. false

Answer: b. false

Business

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Why might a business use a combination of direct, indirect, and mixed marketing channel systems?

A) to have total control over the quality of customer service B) to lower the risk of distributing products to end-users C) to attain maximum profits at minimum cost D) to reach different target markets cost effectively and to deliver the service level expected by target customers E) to comply with legal requirements that limit a business from having too much control over the distribution of products to consumers

Business

If a contract is executed, the parties can agree to rescind the contract

Indicate whether the statement is true or false

Business