Humber College Exam 4: Invigilated Theory Exam PREX-1060A Question # 28 Topic 3 Discussion
PREX-1060A Exam Topic 3 Question 28 Discussion:
Question #: 28
Topic #: 3
When representing a client who is selling a business, a salesperson must be aware of concerns related to compliance. Which of the following is NOT a compliance concern?
A.
The condition of goods, chattels, and fixtures cannot be verified
B.
Income and expense statements contain misrepresentations
C.
The seller provides insufficient due diligence documents
D.
The seller discloses all liabilities of the business in writing
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit