Unless the seller provides the necessary documentation, part of the proceeds of a sale of real property must be withheld for federal tax purposes as provided by

a. the FHA.
b. Fannie Mae.
c. FIRPTA.
d. the IRS.

Answer: d. the IRS.

Business

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Managers of self-managed teams should: (Choose all that apply.)

A. strive for high levels of diversity among team members. B. try to ensure the team's efforts result in a finished end product. C. act as a coach rather than a supervisor. D. reduce the level of complexity of the tasks to be undertaken. E. give teams enough responsibility and autonomy to be truly self-managing.

Business

The due date for the second installment of real property taxes is:

a. December 10 b. February 1 c. March 1 d. April 10

Business