If the sale of a property resulting from a judgment is to guarantee the claimant a certain amount of money, what type of listing with the broker likely offer?

a. An exclusive agency listing.
b. A net listing.
c. An exclusive authorization and right to sell listing.
d. An open listing.

Answer: b. A net listing.

Business

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All of the following are considered to be uninsured vehicles for purposes of the uninsured motorists coverage of the PAP EXCEPT

A) a vehicle owned by an individual who is insured, but for less than the amount required by the state's financial responsibility law. B) a hit-and-run vehicle, the ownership of which cannot be determined. C) a vehicle owned by an individual who purchased just enough liability insurance to satisfy the state's financial responsibility law. D) a vehicle insured by a company which becomes insolvent before a claim can be paid.

Business

A sales manager who earns commission on all sales from the company is inwardly happy whenever a salesman complains that he is feeling stressed, as long as the stress level is not overly high

Which of the following MOST logically explains why the sales manager is inwardly happy? A) The sales manager does not like his salesmen. B) The sales manager does not understand stress. C) The sales manager knows that light stress can motivate people. D) The sales manager is glad that he is not the only one feeling stressed.

Business