A potential buyer requested the seller's agent not disclose their identity to the seller. Should the agent follow the buyer's instructions?
A. Yes, the buyer;s identity is not required.
B. Yes, the agent must follow the buyer's instructions.
C. No, the agent has the duty to disclose this to the seller.
D. No, this would be a violation of the anti-trust laws.
Answer: C. No, the agent has the duty to disclose this to the seller.
Business
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What will be an ideal response?
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Financial statements are audited by outside accountants
A) because it is a requirement stated in the Internal Revenue Code. B) only when fraudulent financial reporting is suspected. C) who then report on whether or not the company is a good investment. D) to increase the users' confidence in the statements' reliability.
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