□ A salesperson meets with a first-time buyer and explains that they can choose to be a client or a customer. The buyer asks the salesperson if the salesperson will be working in their best interests if they choose to be a customer. How should the salesperson respond to the buyer's question? Select one answer. The salesperson should explain that the only time that they would not be able to work in their best interests is if the brokerage were representing the seller, but they could still advise them regarding the negotiation strategy. The salesperson should explain that they will not be working in the buyer's best interests, but they will still draft an offer that favours them and give them advice about this offer. The salesperson should explain that the only time that they would not be able to work in the buyer's best interests is if the brokerage were in multiple representation, but the salesperson would still be honest and fair, The salesperson should explain that they will not be working in the buyer's best interests, but they will still be honest and fair and treat them with integrity. Select one answer. An overseas non-profit organization hires a salesperson to assist with the purchase of a commercial building for investment purposes. Which of the following is an accurate description of the steps the salesperson must take to comply with FINTRAC requirements? The salesperson must confirm and verify whether the name of the non-profit organization is on the federal government's non-profit organization list. PROCTORTRACK The salesperson must confirm and verify whether the name of the non-profit organization is on a published list of known terrorists or terrorist groups. The salesperson must confirm and verify whether the name of the non-profit organization is on the provincial government's non-profit organization list. The salesperson must confirm and verify whether the name of the non-profit organization is on a published list of known charities or non-profit organizations.
□ A salesperson meets with a first-time buyer and explains that they can choose to be a client or a customer. The buyer asks the salesperson if the salesperson will be working in their best interests if they choose to be a customer. How should the salesperson respond to the buyer's question? Select one answer. The salesperson should explain that the only time that they would not be able to work in their best interests is if the brokerage were representing the seller, but they could still advise them regarding the negotiation strategy. The salesperson should explain that they will not be working in the buyer's best interests, but they will still draft an offer that favours them and give them advice about this offer. The salesperson should explain that the only time that they would not be able to work in the buyer's best interests is if the brokerage were in multiple representation, but the salesperson would still be honest and fair, The salesperson should explain that they will not be working in the buyer's best interests, but they will still be honest and fair and treat them with integrity. Select one answer. An overseas non-profit organization hires a salesperson to assist with the purchase of a commercial building for investment purposes. Which of the following is an accurate description of the steps the salesperson must take to comply with FINTRAC requirements? The salesperson must confirm and verify whether the name of the non-profit organization is on the federal government's non-profit organization list. PROCTORTRACK The salesperson must confirm and verify whether the name of the non-profit organization is on a published list of known terrorists or terrorist groups. The salesperson must confirm and verify whether the name of the non-profit organization is on the provincial government's non-profit organization list. The salesperson must confirm and verify whether the name of the non-profit organization is on a published list of known charities or non-profit organizations.
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
Related questions
Question
help
Transcribed Image Text:□ A salesperson meets with a first-time buyer and explains that they can choose to be a client or a customer. The buyer asks the
salesperson if the salesperson will be working in their best interests if they choose to be a customer.
How should the salesperson respond to the buyer's question?
Select one answer.
The salesperson should explain that the only time that they
would not be able to work in their best interests is if the
brokerage were representing the seller, but they could still
advise them regarding the negotiation strategy.
The salesperson should explain that they will not be
working in the buyer's best interests, but they will still draft
an offer that favours them and give them advice about this
offer.
The salesperson should explain that the only time that they
would not be able to work in the buyer's best interests is if
the brokerage were in multiple representation, but the
salesperson would still be honest and fair,
The salesperson should explain that they will not be
working in the buyer's best interests, but they will still be
honest and fair and treat them with integrity.
Transcribed Image Text:Select one answer.
An overseas non-profit organization hires a salesperson to assist with the purchase of a commercial building for investment
purposes. Which of the following is an accurate description of the steps the salesperson must take to comply with FINTRAC
requirements?
The salesperson must confirm and verify whether the
name of the non-profit organization is on the federal
government's non-profit organization list.
PROCTORTRACK
The salesperson must confirm and verify whether the
name of the non-profit organization is on a published list of
known terrorists or terrorist groups.
The salesperson must confirm and verify whether the
name of the non-profit organization is on the provincial
government's non-profit organization list.
The salesperson must confirm and verify whether the
name of the non-profit organization is on a published list of
known charities or non-profit organizations.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Database System Concepts
Computer Science
ISBN:
9780078022159
Author:
Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:
McGraw-Hill Education
Starting Out with Python (4th Edition)
Computer Science
ISBN:
9780134444321
Author:
Tony Gaddis
Publisher:
PEARSON
Digital Fundamentals (11th Edition)
Computer Science
ISBN:
9780132737968
Author:
Thomas L. Floyd
Publisher:
PEARSON
Database System Concepts
Computer Science
ISBN:
9780078022159
Author:
Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:
McGraw-Hill Education
Starting Out with Python (4th Edition)
Computer Science
ISBN:
9780134444321
Author:
Tony Gaddis
Publisher:
PEARSON
Digital Fundamentals (11th Edition)
Computer Science
ISBN:
9780132737968
Author:
Thomas L. Floyd
Publisher:
PEARSON
C How to Program (8th Edition)
Computer Science
ISBN:
9780133976892
Author:
Paul J. Deitel, Harvey Deitel
Publisher:
PEARSON
Database Systems: Design, Implementation, & Manag…
Computer Science
ISBN:
9781337627900
Author:
Carlos Coronel, Steven Morris
Publisher:
Cengage Learning
Programmable Logic Controllers
Computer Science
ISBN:
9780073373843
Author:
Frank D. Petruzella
Publisher:
McGraw-Hill Education