All of the Following Are True of Brokers EXCEPT That

question 163

Multiple Choice

All of the following are true of brokers EXCEPT that

• A)they bring buyers and sellers together.
• B)they are especially useful when buyers and sellers do not come into the market very often.
• C)they usually have a permanent relationship with the buyer and seller.
• D)the broker's product is information about what buyers need and what supplies are available.
• E)they earn commissions based on completion of transactions between buyers and sellers.

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Definitions:

Deep Batholithic Rocks

Large masses of intrusive igneous rock, originating deep within the Earth's crust, that have solidified from magma over millions of years.

Continent-Continent Collision

This term refers to the process in which two continental plates collide, leading to the formation of mountain ranges.

Hot Spot

A hot spot is a volcanic region thought to be fed by underlying mantle that is anomalously hot compared with the surrounding mantle.

Uplift

The geological process of rising segments of the Earth's crust, contributing to mountain formation and changes in topography.