É 59 of 115 E Which of the following is an accurate statement about a brokerage's REBBA obligation regarding the retention of agreements of purchase and sale? O Select one answer. Unsuccessful offers must be retained for two years A summary document may be used for unsuccessful offers. Successful offers must be kept on file for fie years A summary document may only be used for successful offers.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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59 of 115
E Which of the following is an accurate statement about a brokerage's REBBA obligation regarding the retention of agreements of
purchase and sale?
O Select one answer.
A summary document may be used for unsuCcessful offers.
Unsuccessful offers must be retained for two years
Successful offers must be kept on filefor five years
A summary document may only be used for successful
offers.
Transcribed Image Text:59 of 115 E Which of the following is an accurate statement about a brokerage's REBBA obligation regarding the retention of agreements of purchase and sale? O Select one answer. A summary document may be used for unsuCcessful offers. Unsuccessful offers must be retained for two years Successful offers must be kept on filefor five years A summary document may only be used for successful offers.
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