A broker must be connected to the transaction to receive payment.

a. true
b. false

Answer: a. true

Business

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Fannie Mae, Ginnie Mae, and Freddie Mac all

A) originate residential mortgage loans. B) purchase existing mortgage loans. C) insure residential mortgage loans. D) guarantee existing mortgage loans.

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Marketers would be most likely to use a focus group in which stage of new product development?

A) idea generation B) problem recognition C) business analysis D) positioning strategy E) product adoption

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