When presenting an offer on your listing for less than list price, it is good policy to
a. immediately tell the seller what the offer is.
b. not recommend acceptance or rejection.
c. recommend that sellers counter or reject offers when acceptance is not in their best interest.
d. have a number of your office staff present to intimidate the sellers.
Answer: c. recommend that sellers counter or reject offers when acceptance is not in their best interest.
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Reasons for using a bond ladder strategy include
I. typically higher rates on long-term bonds. II. uncertainty concerning future interest rates. III. lower tax rates on bonds held to maturity. IV. reducing the amount of time spent managing the bond portfolio. A) I and III B) II and IV C) I, II and III D) I, II and IV
Which term refers to the money that an employer and employee have placed in the employee's pension fund that cannot be forfeited for any reason?
A) thrift plans B) vested funds C) stock options D) cash balance funds