Explain. Discuss the accuracy of this statement. d) The loan must be repaid before the borrower's death. a) Fee for clearing the title b) Mortgage recording fee c) Homeowner's insurance d) Title search. Rewrite whole paragraphs to ensure clarity. a) Seller b) Lender representative c) Buyer d) Closing agent. LO: 6.1: In what ways can a company divide a consumer or business market into segments? 3) What is the most common form of property description? Diff: 3 e. (a) and (c) only. b) A borrower can get a conventional loan with a lower down payment by insuring the loan through private mortgage insurance. d) contain a legal description of the property. d) require higher down payments than government-backed loans require. 11) Which of the following is not true about reverse annuity mortgages? Marketing Management chapter 1 practice test Flashcards - Easy Notecards b) The apartment can be converted to a rent-controlled apartment. A valid listing agreement may be terminated for any of the following reasons, EXCEPT: B. expiration of the individual listing agent's license, expiration of the individual listing agent's license. d) The real estate must be appraised by an approved FHA appraiser. Which of the following is not characteristic of the manufacturing sector in the United States? c. The current share of the wallet the firm has attained. D. What type of contract does Bill hold? a) All parties to the contact must sign the changes. a) covers more than one piece of property. B) influencer d) Wait a statutory period before they may take legal action. b) The first seller may sue the buyer for specific performance. d) enforceable contract. a) Prior deed b) Copy of property tax bill c) Prior title insurance policy d) Seller's credit report. d) provide a fixed interest rate for the life of the loan. Buyers and sellers experience unexploited gains from trade b. b. directly assist the customer with planning and strategy issues. a. see that operational linkages are designed into the relationship to keep product and service offerings aligned with customer needs. c) will be a debit to the seller. The seller has no reasonable basis for refusing to allow the broker to return the earnest money to the buyer who cancelled within their due diligence period. c. Competitive exchanges share plus a$100 brokerage fee. b) The mortgage contingency clause is not valid. Assume that its cost of goods manufactured is $534,390. These would be examples of what is called ________. D) operating variables