If a licensee becomes a partner in a real estate firm, he must have a(n):
a. salesperson license
b. broker license
c. associate broker license
d. minimum of two year's experience as a broker
Answer: b. broker license
Business
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The interest rate on which cash payments to bondholders are based is the ________
A) market rate B) discount rate C) stated rate D) amortization rate
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Manufacturers seeking to defend against strong private label brands can respond by focusing on core brands, advertising more, or expanding product offerings
Indicate whether the statement is true or false
Business