When numeric data is exaggerating to promote one idea, or omitted to minimize the consequence of the data, what type of unethical activity is taking place?
A) Distorting visuals
B) Misrepresenting numbers
C) Selective misquoting
D) Plagiarism
E) Omitting essential information
Answer: B
Explanation: B) Exaggerating any data, or omitting any data is unethical, but exaggerating or omitted numeric data is an example of misrepresenting numbers.
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Transaction-brokerage is the default position if the broker has nothing in writing and signed by a buyer or seller.
a. true b. false
Which of the following statements is true?
A) The average profiles for profitable high-share and profitable low-share businesses are almost identical. B) A low-share business with above-average customer value is more profitable than a high-share business with below-average customer value. C) A low-share niche business's prices are slightly above the average relative price index of 100. D) Profitable low-share niche businesses tend to have a wide product breadth. E) Profitable low-share niche businesses tend to spend more on advertising relative to the competition.