The four stages of a business cycle. Depending on whom you speak to, the four stages of a business cycle are as follows: 1. The recovery phase or upswing. This is a phase where the economy âtroughsâ out. As the economy recovers from a recession, businesses start building up their stock levels in anticipation of increased sales.
1 Complete 90 hours of pre-licensing education. 2  Not have been convicted of a felony or a crime involving moral turpitude. 3  Not have had a real estate application or license rejected or revoked in any state within the past two years. Show proof of high school graduation or GED. 2  Not have been convicted of a felony or a crime involving moral turpitude. 3  Not have had a real estate application or license rejected or revoked in any state within the past two years.
Talk to a Lawyer. Enter Your Zip Code to Connect with a Lawyer Serving Your Area. Before selling residential property in Arizona, a seller is required by law (a combination of statutes and court cases) to tell the prospective buyer certain things about the propertyâs physical condition.An Arizona seller has a duty to disclose important facts that might negatively affect the value of the property.here is some information, however, that a seller does not legally have to disclose, such as: 1  Whether the property is located in an area with a sex offender. ( 2 Buyers can look up this information online, using the Arizona Department of Safety sex offender database .).