When the investigation of a discrimination complaint against a broker finds that he has violated the Real Estate Commissioner's Regulations concerning Fair Housing, which of the following remedies are available to the Commissioner with regard to that licensee:
A: Actual damages;
B: Damages of a punitive nature, to deter future discriminatory conduct;
C: Suspension or revocation of the broker's real estate license;
D: All of the above.
Answer: C: Suspension or revocation of the broker's real estate license;
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At the beginning of 2015, Baldwin Corporation bought an automobile for $36,000 by issuing a note payable. The automobile has a six-year life and is depreciated using the straight-line method
To determine net cash flow from operating activities for 2015 using the indirect method, net income should be: A. Increased by $6,000. B. Decreased by $6,000. C. Increased by $42,000. D. Neither increased nor decreased. No adjustments are necessary since no cash was received or paid.
Calculating a currency cross rate involves determining the exchange rate for two currencies by using a third currency as a base
a. True b. FalseIndicate whether the statement is true or false