In most cases, prices are set by the

A sole proprietor who closes an office and goes to work at a different brokerage firm would need to turn over all the files to the new employing broker to hold for 4 years.

a. true b. false

Banks are very hesitant to engage in fronting loans because of the low probability of repayment and thus their risk exposure up to a 100% loss

Indicate whether the statement is true or false.