A real estate agent receives a $50 restaurant gift certificate from a mortgage broker as a token of appreciation for referring a home buyer to the mortgage broker. Which of the following laws was violated as a result of this transaction?
a. ECOA
b. RESPA
c. FCRA
d. Fair Housing Act
Ans: b. RESPA
Business
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When people begin to see themselves as friends, social norms and roles become less important.
Indicate whether the statement is true or false.
Business
Which of the following is true of a primary market?
A) It is an organized market in which all financial derivatives are traded. B) It is regulated by The Sarbanes-Oxley Act. C) It is a market where smaller, unlisted securities are traded. D) It is the only market in which the issuer is directly involved in the transaction.
Business