An Asian buyer meets with a broker and asks to be shown homes. If she doesn't ask to see homes in areas with no Asian residents, the broker:

A. may assume that she is not interested in areas with other Asian residents
B. may assume that she is not interested in areas without other Asian residents
C. should choose homes for showing as the broker would for any other customer
D. has no obligation to show her homes in areas where no other Asians live

Answer: C. should choose homes for showing as the broker would for any other customer
Explanation: Under the Fair Housing Act, the broker is required to treat all clients equally. If the buyer has not specified certain areas in which she is or is not interested, the broker must choose homes as he would for any other buyer.

Business

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Indicate whether this statement is true or false.

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Twenty years after you leave college you are rich and famous. Your college calls on you for a $10 million gift to renovate a classroom building and name the building in your honor. You tell them you will be glad to give the gift because you learned so much and that is why you are successful. A year later the building is renovated and the college asks for the money. You decide to spend it on a new

jet and tell the college to get stuffed. You: a. do not have to pay the money, promises of gifts do not create contracts b. do not have to pay the money unless your promise was in writing and for a specific date c. have to pay an amount equal to how much has been spent on the renovation work to date, not the full amount d. have to pay the money under the rule of promissory estoppel e. have to pay the money under the rule of unliquidated debt

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