if a broker holds deposits or funds from buyers,sellers,or landlords,which statement is true? a) If reported to the DBPR properly,the broker may have one business account for deposits ,seller's funds and business funds. b) A broker must have a separate account for escrow funds and,at least one other account for other types of funds c) Commingling is an account strategy to save the broker time,streamline bookkeeping and is highly encouraged d) A broker must have separate accounts for each transaction

if a broker holds deposits or funds from buyers,sellers,or landlords,which statement is true? a) If reported to the DBPR properly,the broker may have one business account for deposits ,seller's funds and business funds. b) A broker must have a separate account for escrow funds and,at least one other account for other types of funds c) Commingling is an account strategy to save the broker time,streamline bookkeeping and is highly encouraged d) A broker must have separate accounts for each transaction

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter1: Introduction: What This Book Is About

Section: Chapter Questions

Problem 1.1IP

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