Which of the following parties would be exempt from the real license requirements?
A. An auctioneer selling property at an auction for another party for compensation.
B. A forester selling a parcel of timberland for another party for compensation.
C. A person promoting the sale of real estate through listing in a publication and receiving a listing fee.
D. An attorney in fact under a duly executed power of attorney to convey real estate from an owner or lessor.
Answer: D. An attorney in fact under a duly executed power of attorney to convey real estate from an owner or lessor.
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Which of the following BEST describes the service sector?
a. It employs roughly 76 percent of the Canadian work force. b. It is rarely capital intensive, as most services do not need high technology. c. It tends to create fewer new jobs than the manufacturing industry. d. It is decreasing in importance in Canada.