Social facilitation is the effect that the physical presence of others has on an individual's performance

It is common procedure to record all of the following instruments except:

a. a notice of completion b. a real property sales contract c. assignment of a mortgage or deed of trust d. a promissory note secured by a mortgage or deed of trust

Which of the following actions is required to ensure the validity of a contract between a corporation and a director of the corporation?

A. An independent appraiser must render to the board of directors a fairness opinion on the contract. B. The director must disclose the interest to the independent members of the board and refrain from voting. C. The shareholders must review and ratify the contract. D. The director must resign from the board of directors.