Broker Smith is helping a buyer and seller fill out a sales contract, but is not representing either party. Broker Smith is a(n)

A) transactional broker
B) designated broker
C) traditional broker
D) unlicensed broker

Answer: A) transactional broker

Business

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In which of the following industries is the going-rate pricing approach most often used?

A) jewelry B) automobiles C) airlines D) mobile phones

Business

Historically, interest rate movements have shown less variability and greater stability than exchange rate movements

Indicate whether the statement is true or false.

Business