Answer:
The answer is D, there are no requirements in the Illinois Real Estate License Act when a broker sells their property "For Sale by Owner"
Explanation:
Refering back to the question, every statement listed in the option of answers are correct except for D, because in respect to Illinois real estate, Licensees that that are issued licensed as a Managing Broker but are not the Managing Broker of the property with the IDFPR may not advertise themselves as a "Managing Broker" in all ads including business cards
Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.
Explanation:
- Derivative suit is referred to as a law suit that is brought by the shareholder in behalf of the company against the third party.
- If in a company the employees, the directors as well as the officers are not ready to file a complain against the third party then the shareholder has the right to file a complaint against the third party.
- Derivative suit is normally filed by the shareholder when there is a mismanagement in the company. To stop the illegal work this action is being taken.
Answer:
B is the correct option.
Explanation:
In theory, the perfect market is the structure in which all the firms sell identical products,They all are price takers, the market share doesn't influence the prices, firms can enter or exit the market without cost and resources are perfectly mobile. No markets are in the sphere of the perfect competition model. so they are classified as imperfect. The imperfect and perfect market is the outcome of post-classical economic thought of the Cambridge tradition.
Answer:
Explanation:
In order to solve such problems the managers analyze the financial transactions in their systems. They first obtain the transaction number that the client received upon making the purchase. Then they find this transaction number in their system and analyze the numbers. If the transaction was a mistake or had an error they can reverse the transaction which would return the money to the client and move that transaction off of the confirmed transactions in the system.