A loan officer gives a broker a small referral fee in return for his referral of a client looking to purchase a single-family home. Under RESPA:

a. this is legal, if disclosures are made to all parties.
b. this is forbidden.
c. this is illegal if this fact is not disclosed to the buyer.
d. this is legal.

Answer: b. this is forbidden.

Business

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A. who shows listings to perspective buyers B. assists in sale negotiations C. introduces a perspective buyer to the broker D. tells buyers about the beneficial property features

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The division of buyers into groups based on their current and desired level of interaction with a particular market category is ________ segmentation

A) behavioral B) psychographic C) values D) demographic E) needs

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