Under the Colorado Brokerage Relationships Act, a broker providing real estate services to a member of the public without a written agreement is
a. in violation of license laws and subject to discipline
b. presumed to be an agent for the buyer
c. presumed to be an agent for the seller
d. presumed to be a transaction-broker
Answer: d. presumed to be a transaction-broker
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The PMO is used to maintain and provide a cadre of skilled and trained project professionals as needed under the:
A) Control tower model. B) Cadre model. C) Weather station model. D) Resource pool model.
Which of the following best describes the availability float?
A) how long it takes the firm to process the check and deposit it in the bank B) how long it takes before the bank gives the firm credit for the funds C) how long it takes before payments to suppliers actually result in a cash outflow for the firm D) how long it takes for a firm to be able to use funds after a customer has paid for its goods