The listing agent advertises his listing on the mls as instructed by the seller and at the agreed list price of $300,000 a buyer offers the seller $300,000 in writing with an earnest money deposit of 3,000 which of the following statements are true?
a. the seller can either accept , reject or counter the offer
b. the listing broker must wait 72 hours before presenting the offer to give other buyers an opportunity to purchase the property
c. because the offer is full price the seller is obligated to accept the offer
d. the seller must pay a commission and accept the offer
Answer: a. the seller can either accept , reject or counter the offer
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You work for a company with operations in 15 locations around the globe and are assigned to conduct an audit of service contracts . Which of the following is an example of a potential scope limitation for this engagement?
a) you exclude locations in asia and europe because of restrictions on travel budgets b) you select three of the locations to visit and test all services contracts at these three locations c) you randomly select ten contracts to test to see if management periodically reviews contractor performance against the measure specified in the contract d) for each type of service, you select the provider who received the largest total payments in the last 12 months and review the contract and test the payments e) you revisit all contracts and based on this review decide to test further only those involving payments over 10,000 per year
Each stage of the generic value chain reduces the value of the product
Indicate whether the statement is true or false