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Database System Concepts
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
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What is the penalty for a brokerage that accepts funds from a lender or investor to be held on deposit or in trust whithout those funds being for a specific mortgage? Select one: a. The brokerage's license will be suspended for 30 days b. The brokerage will receive a warning letter c. The brokerage will be fined up to $10,000 d. The brokerage will face no penalty
Transcribed Image Text:What is the penalty for a brokerage that accepts funds from a lender or investor to be held on deposit or in trust whithout those funds being for a specific mortgage? Select one: a. The brokerage's license will be suspended for 30 days b. The brokerage will receive a warning letter c. The brokerage will be fined up to $10,000 d. The brokerage will face no penalty
Which of the following is an appropriate way for a brokerage to gauge a candidate's comprehension of what it takes to be successful in a broker/agent position? Select one: a. Ask the candidate what their current salary is. b. Ask the candidate what they feel are the most important qualities to be successful as a broker/agent. c. Ask the candidate to describe the brokerage's mission statement. d. Ask the candidate to rate themselves on a scale of 1-10.
Transcribed Image Text:Which of the following is an appropriate way for a brokerage to gauge a candidate's comprehension of what it takes to be successful in a broker/agent position? Select one: a. Ask the candidate what their current salary is. b. Ask the candidate what they feel are the most important qualities to be successful as a broker/agent. c. Ask the candidate to describe the brokerage's mission statement. d. Ask the candidate to rate themselves on a scale of 1-10.
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