Which of the following would be an example of a definite termination date in a listing.
a. 90 days from the completion of construction.
b. 90 days from obtaining a permit for the proposed changes and construction.
c. 90 days from the date the listing with sign.
d. 90 days from the date the mechanics lien will be removed.
Answer: c. 90 days from the date the listing with sign.
You might also like to view...
The time series that reflects a wavelike pattern describing a long-term trend that is generally apparent over a number of years is called the:
A) trend component. B) cyclical component. C) seasonal component. D) irregular component.
In applying the treasury stock method of computing diluted earnings per share, when is it appropriate to use the average market price of common stock during the year as the assumed repurchase price?
a. Always b. Never c. When the average market price is lower than the exercise price d. When the average market price is higher than the exercise price