EBT is an acronym for
(a) Electronic Business Technology.
(b) Electronic Business Transfer.
(c) Electronic Benefits Technology.
(d) Electronic Benefits Transfer.
Ans: (d)
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A seller's broker receives and presents a purchase offer that is accepted by the seller. The seller then requests the broker give them the buyer's deposit check. The broker needs to:
a. first deposit the check into the broker's trust account before giving the deposit funds to the seller. b. write a counteroffer requesting the release of the deposit funds to the seller. c. obtain the written consent of the buyer before releasing the check to the seller. d. obtain written acknowledgement from the seller they have received the funds.
Services such as telecommunications, retailing, and many financial services, where the service has to be produced where it is delivered, lend themselves well to exporting
Indicate whether the statement is true or false.