Agents can compete with the principal during the course of the agency if the principal agrees

The term farming as using real estate refers to

A. Determining what your market area will be. B. Operations by season, such as a listing season, open house season, selling season and so forth. C. Specialization in a particular field of real estate activity. D. Working or prospecting a geographic area or special interest area for buyers and sellers.

In contrast to organizational arrangements used by small independent retailers, the organizational arrangement used by department stores is categorized by _____

a. centralized decision making b. a flat organization c. specialization of functions d. simple organizational arrangements