Question
What is the primary difference between an agent and abroker? A. An agent gets compensated based on commission while a brokergenerally charges fees for his
What is the primary difference between an agent and abroker?
A. An agent gets compensated based on commission while a brokergenerally charges fees for his services
B. Brokers have long-term relationships with their customerswhile an agent's relationships are generally short-lived.
C. An agent represents a company on a permanent basis while abroker is employed temporarily.
D. An agent has much more extensive knowledge about the productshe deals with than a broker does.
E. A broker works only for a seller whereas an agent canrepresent a buyer or a seller.
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
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