A broker can be charged with violating the Sherman antitrust act if he/she says to a seller:
a. we never discount the commission
b. we cant possibly charge less than the rate established through the multiple listing service
c. the commission is fully negotiable between the broker and the seller
d. our company usually charges 6% for this type of listing
Answer: b. we cant possibly charge less than the rate established through the multiple listing service
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When coins have a stated value equal to the value of the metal they contain, they are referred to as:
a. full-bodied money b. representative full-bodied money c. token coins d. all of the above
A firm employing a focus strategy concentrates on achieving superior performance in an important customer benefit area valued by a large part of the market
Indicate whether the statement is true or false