In Horizontal or Trend Analysis, Each Item Is Expressed as A(n)

question 77

Multiple Choice

In horizontal or trend analysis, each item is expressed as a(n)

• A) amount.
• B) percentage.
• C) rate.
• D) amount or a percentage.

---

Definitions:

Dual Agency

A real estate transaction scenario in which a single agent or broker represents both the buyer and the seller, creating potential conflicts of interest.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when managing another person’s assets, involving a relationship of trust and confidence.

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, responsible for their own taxes and benefits.

Agent

Someone who is authorized to act on behalf of another person (the principal), especially in business or legal matters.