The _ hypothesis posits that a firm may choose low leverage as a competitive strategy to squeeze other, more highly levered, firms out of its industry
a. having a long-purse
b. strategic capital structure
c. competitive leverage
d. leverage aggressiveness
A
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A broker who drafts a non-negotiated addendum to the Contract to Buy and Sell is in violation of Rule F.
a. true b. false
The listing firm refused to let another firm show the property. The other firm brings an offer to purchase on the same property. Does the listing firm have the right to refuse to present the offer?
A. Yes, if the other firm is not a subagent the listing firm has the right to refuse. B. No, the listing firm must present the offer. C. No. by obtaining an offer to purchase, the other firm has become a subagent of the listing firm.been authorized to present the property. D. Yes, the other firm has not been authorized to present the property.