Two factors come into play: First, good quality applicators do a better job of applying paint, and more uniformly, than poor applicators. As a result, they achieve better hide, or coverage. Second, painting technique is a factor that could contribute to overspreading the product.
Liquidation and Free Riding. A liquidation violation occurs when the client sells a security to satisfy a cash obligation for the purchase of a different security after trade date. This is a violation because the sale of the second security will not be settled by the time the first purchase settles.
subagency. An agent who operates under the authority of another agent. Typically, the listing broker has the direct agency relationship with the seller of real property. Other real estate brokers may attempt to sell the same property and act as a subagent for the seller rather than acting as the agent for the buyer.