An agent receives an earnest money deposit of $9,000. He must place the funds into a:
A. Separate trust account with interest payable to the state
B. Separate trust account with interest payable to the buyer
C. Pooled trust account with interest payable to the buyer
D. Pooled trust account with interest payable to the state
Answer: D. Pooled trust account with interest payable to the state
You might also like to view...
Owning the marketing plan, a force that contributes to the successful implementation
of a marketing plan, involves ________. A) developing and using detailed action plans B) using an adaptive rollout C) using feedback measurements D) promoting the business-as-usual routine E) adapting to changing market conditions
Indicate the differences and similarities between the following terms: marketing plan, strategic marketing plan, and tactical marketing plan
What will be an ideal response?