A real estate salesperson continually tells prospective clients that th commission rate his or her company charges is a "standard" or "prevailing" rate charged by all brokers in the area. In Georgia, this would MOST LIKELY be a violation of the:

A. Federal antitrust laws.
B. Seller's property disclosure statement.
C. Fair Business Practice Act.
D. Federal Fair Housing Law.

Answer: C. Fair Business Practice Act.

Business

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Internally created intangibles are recorded at cost.

a. true b. false

Business

Which one of the following conditions violates the assumptions of PERT/CPM networks?

A) Some activities can have zero variance. B) Costs increase linearly as activity time is reduced below its normal time. C) Two activities tied together by an arc are overlapping and can be worked on simultaneously. D) There can be more than one critical path in a network.

Business