A Key Distinction Between Agents and Brokers Is That Agents

question 246

True/False

A key distinction between agents and brokers is that agents tend to maintain long-term relationships with the people they represent whereas brokers are hired on a temporary basis.

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Definitions:

Instrument

A formal written legal document, such as a contract, will, or deed, that formally records the details of a transaction or agreement.

Forgery

The fraudulent making or altering of a written document with the intention to deceive or defraud.

Loss

Loss refers to the reduction in value of an asset, or a decrease in financial wealth due to expenses exceeding revenues.

Transferred

The act of moving or conveying something from one place, person, or entity to another.