Generally an agent works for

a. the principal.
b. the third person.
c. the subagent.
d. the California Department of Real Estate.

Answer: a. the principal.

Business

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What is the present value of an investment that pays $400 at the end of three years and $700 at the end of 10 years if the discount rate is 5%?

A) $1,100.00 B) $675.30 C) $775.40 D) $424.60

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The integrative model of OB acknowledges that employees typically work in one or more work teams, which may be led by a formal or an informal leader

Indicate whether this statement is true or false.

Business