Broker Greg has a listing for an office building. Licensee Gary who works for Greg wants to buy the building as an investment. Which statement is true? Gary should have his brother buy the building for him. He must inform the seller in writing that he has a license before he makes an offer. Gary needs to apply to the Department for a waiver before he can purchase the building. He can’t buy the building unless the listing goes to another broker.

He must inform the seller in writing that he has a license before he makes an offer

Explanation:

A broker is an individual or a company that sells and buy properties, stocks, or investments on behalf of investors. A licensee must be licensed by a broker.

In this case, broker Greg has a listing for an office building and licensee Gary who works for broker Greg wants to buy the building as an investment. Since Gary, who is an emoloyee to Greg is interested in the building, he needs approval before making any investment in the buliding. This approval would help avoid insider trades.

Therefore, Gary must inform the seller in writing that he has a license before he makes an offer.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.