Neil recently obtained his Florida sales associates license. He then decides to open his own office and hire four sales associates to work under him. Neil and his four sales associates agree to split any commissions earned by the four associates 50/50. Has Neil violated any licensing laws? О О No. If a sales associate runs their own office, they are permitted by law to hire up to four sales associates to work under them. Yes. Only licensed real estate brokers can open their own office and hire sales associates to work under them. No. All of Neil's actions are permitted under state law. Yes. As a sales associate himself, Neil is only permitted to take up to 25% of the

Neil recently obtained his Florida sales associates license. He then decides to open his own office and hire four sales associates to work under him. Neil and his four sales associates agree to split any commissions earned by the four associates 50/50. Has Neil violated any licensing laws? О О No. If a sales associate runs their own office, they are permitted by law to hire up to four sales associates to work under them. Yes. Only licensed real estate brokers can open their own office and hire sales associates to work under them. No. All of Neil's actions are permitted under state law. Yes. As a sales associate himself, Neil is only permitted to take up to 25% of the

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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D Dentist leases an office from LLandlord. D has hung several paintings on the walls and has strongly bolted and attached his dental equipment to the walls and plumbing. His lease is expiring, and D wants to take all of this property to his new office. L claims he cannot do so because the paintings and equipment are now hers. Who wins? Why? Be sure to explain your answer While in a restaurant you find a diamond ring under your chair. Is it yours now? Explain your answer.
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