A real estate salesperson's compensation is set by

a. The local realty association.
b. The Department of State, Division of Licensing Services.
c. Agreement between broker and salesperson.
d. The cooperating broker in a transaction.

Answer: c. Agreement between broker and salesperson.

Business

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Which stream of cash flows is not an example of an annuity?

A) Fixed rate mortgage payment B) Mortgage payment where the interest rate is reset annually C) 48 month car payment D) Interest payment on a 10 year Treasury bond

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Many companies trace marketing, sales, distribution, and administration costs to customers to accurately measure customer profitability

Indicate whether the statement is true or false

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