Which of the following statements describing tourism is incorrect?
A. Services and tourism go hand in hand.
B. Tourism rebounds quickly from environmental impacts.
C. Tourism is not sensitive to economic ups and downs.
D. Tourism fits into 16 types of travel-related and hospitality services.
Answer: C. Tourism is not sensitive to economic ups and downs.
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One of the key questions to be asked when evaluating alternatives for training is
a. Which method (or methods) and media are best suited for conducting the training? b. Which method will require the least amount of time away from active selling? c. Which method is the least expensive? d. Which media is the most attractive to upper-management levels?
Which of the following is required for a valid escrow in the conveyance of title to real property?
A. The services of a licensed real estate broker. B. A binding contract between buyer and seller and the conditional delivery of transfer instruments to a third party. C. A complete chain of title. D. No conditions in the escrow instructions.