The Ultimate Responsibility for a Mistake in a Document Prepared

question 24

True/False

The ultimate responsibility for a mistake in a document prepared by a real estate salesperson rests equally upon the salesperson and the employing broker.

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Definitions:

Luxury Tax

A tax placed on expensive, non-essential products or services, aimed at curbing the consumption of luxury goods.

Middle Class

A social class made up of people who fall economically between the working class and the upper class, often defined by income, education, and occupation.

Customer Structures

The organization or arrangement of a company's customer base, typically segmented by needs, demographics, or behaviors.

Product

An item or service created through a process and offered to the market to satisfy a want or need.