An active licensee purchases rental property. Which of the following should the licensee do first?
A. Advertise the property in the broker's name.
B. Deposit any security deposits into a designated trust account.
C. Insert a clause into any rental agreement disclosing their licensed status to the other person.
D. Notify his or her broker in writing that he or she owns rental property which they plan to lease.
Answer: D. Notify his or her broker in writing that he or she owns rental property which they plan to lease.
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Which of the following is true about a plurality decision of the Supreme Court?
A) It settles a case but does not set the precedent for later cases. B) It affirms the decision of the lower court. C) It settles a case and sets the precedent for later cases. D) It causes a case to be reviewed again at a later date.
A researcher who assigns scores to countries for their overall market attractiveness is using which of the following processes to choose the most promising foreign markets?
A) indexing and ranking B) variable factor rating C) confidence assessment D) gradual elimination