One thing that the sole proprietorship and the corporate form of organization have in common is that neither must pay income taxes

a. True
b. False
Indicate whether the statement is true or false

False

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The Commission proposes to suspend a salesperson's license for misrepresentation that occurred during the sale of the salesperson's personal residence. The licensee is entitled to a hearing conducted by the

A) Texas Real Estate Commission. B) Real Estate Broker/Lawyer Committee. C) State Office of Administrative Hearings. D) district court in the county in which the offense occurred.

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Which demographic statement is not correct?

A) The typical U.S. household has an annual income of $54,000. B) There are more males in the United States than females. C) Two-thirds of all moves are within the same county. D) Most U.S. employment is in services.

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