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Which of the following components of management best describes grouping similar tasks to create a position to be performed by one person? Organizing. The concept that many tasks required in the hospitality industry must be performed by people, and these people cannot be replaced by technology, is referred to as Labor-Intensive. The individual(s) responsible for the work of supervisors in an organization is the Manager. Human relations skills take time to develop. (T./F.) True. High employe...

meaning of pinappleThe symbol of friendship, welcome, and hospitality Brought back from the west Indies by early European explorers during the 17th century. the pineapple cultivated in Europe then in North America it became the fruits served to royal and the elite it was displayed on doors and gateposts announcing parties. it is internationally recognized as the symbol of hospitality and the sign of friendliness warm cheer graciousness. IntangibilityServices are mostly intangible meaning gu...

Gold Coast EXAM STUDY Questions And Answers 100% correct Verified

what are the the areas a realtor should be an expert in?Marketing Valuation & Market Conditions Property Transfer "MVP" Does one need to be a resident of the state or a citizen of the U.S. to get a FL real estate license?to get a FL real estate license, you don't need to be a citizen What must an applicant for a real estate license do if he has been convicted of a crime?must disclose all convictions Employmentan associate can only have one employer at a time What's the grace period ...

701. What approach is most often used for the valuation of a business? (Ch. 16, Three Approaches to Value)Income approach 702. A sales associate receives an offer from the buyer along with a postdated check. What action must the sales associate take? (Ch. 5, Escrow Funds, Depositing Escrow Funds)Immediately turn it over to the broker 703. Which of the following is the best source of protection for consumers who are using the services of a real estate licensee? (Ch. 2, Purpose of the Law)S...

one acre equals 43,560 square feet One mile is how many feet 5280 feet Plat or recorded plat is also known as Lot and block Assessor's parcel number (APN) is A number that is assigned to a parcel of real property by a county property assessor to uniquely identify that property within the jurisdiction. Township Is 6 mikes sq and contains 36 square miles. MLS (Multiple Listing Service) Marketing tool for licensees Residential sales The sale of improved residential property of 4 or less uni...

Which of the following statements is true regarding a mortgage loan originator?A mortgage loan originator must have a separate license. A real estate appraiser's fee for professional service is based on which of the following?The time and difficulty of the appraisal Which of the following best describes the real estate brokerage business?Service Business When a developer completes construction of a new subdivision, all streets, electric, water, and sewer installation are finished and deed...

1. The real estate market is local in nature what does that mean?Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to members of the public in the performance of specified services of real estate C. Following up with customers...

Common Law, Statutory, and Administrative Law Types of Laws Unwritten law; based on the decision of civil courts Common Law Civil courts may impose fines of compensatory damages and in some cases punitive damages. Agency Law civil fines Compensatory damages Additional monetary penalty Punitive damages Enforced by criminal courts; often monetary fines, but most commonly though of in terms of imprisonment Statutory Law FREC; DBPR; Overseeing authoritative agencies Administrative Law Emplo...

Why is the process of real estate investment analysis important to an investor? A. It helps the investor to select properties that meet personal objectives B. It determines the amount of taxes due on income-producing property C. It determines the exact cash flow from an investment property D. It makes possible the best use for a property based on zoning A. It helps the investor to select properties that meet personal objectives fixed expenses typically include which of the following? A. R...