An agency is created by all of the following except:

a. agreement
b. ratification
c. force of law
d. estoppel

Answer: c. force of law

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Leo, a licensed real estate broker, advertised the sale of a mobile home and stated that no down payment was required. In fact, a down payment was required, but the broker had a lender lined up to make a loan for this purpose. What is the status of this ad?

a. It is illegal and deceptive advertising. b. It is okay if the broker makes available a source to borrow the down payment. c. It complies with the Truth in Lending Act. d. As long as the purchase can be completed with no money out of pocket, the ad is truthful regarding no down payment.

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The past few years have seen fewer females sent on international assignments

Indicate whether the statement is true or false

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