When a licensee is the buyer's agent, the licensee will tell others:
A: As soon as possible;
B: After the offer has been presented and accepted;
C: When the loan is funded;
D: After the licensee receives his commission.
Answer: B: After the offer has been presented and accepted;
Business
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When representing their client to third persons in a sale, a licensed real estate broker is operating under the law of:
a. real estate. b. power-of-attorney. c. agency. d. licensure.
Business
Ahmed is CEO of Cook-Rite, a company that manufactures kitchen appliances. Recently he decided to add a third shift to help lower the company's per-unit production costs. What business strategy is Ahmed implementing?
A) outsourcing B) economy of scale C) mechanization D) hybridization
Business