_____ allow(s) for quick feedback and clarification questions, and allow both parties an opportunity to recycle and revisit topics for elaboration or a better understanding.
a. Written feedback
b. Telephone calls
c. E-mails
d. Memos
e. Circulars
Answer: b. Telephone calls
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A broker may not accept a deposit from a buyer unless:
a. the check is in the broker's name b. specifically authorized to do so in the listing c. it is deposited immediately in the broker's trust account d. the seller is out of town
Which of the following statements is true about voluntary export restraints (VERs)?
A. VERs benefit consumers by limiting import competition. B. VERs reduce the domestic price of an imported good. C. When imports are limited to a low percentage of the market by a VER, the price is bid up for that limited foreign supply. D. Foreign producers agree to VERs because they fear economic instability in the world economy. E. VERs negatively affect domestic producers by increasing import competition.