It is a requirement that most real estate records be kept for a period of three years, commencing from the date:

A: That a property is first placed on the market;
B: Of the listing agreement, if the sale is not consummated;
C: That a sale transaction closes;
D: Either "B" or "C" above.

Answer: D: Either "B" or "C" above.

Business

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Which organizational function should set database standards?

A) Management B) Application development C) Technical services D) Database Administration

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In periods of falling prices, LIFO will result in a higher ending inventory valuation than FIFO

Indicate whether the statement is true or false

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