Of the following, which would have priority (would be a superior lien):
A: A first deed of trust;
B: A homestead;
C: A 1911 Street Improvement assessment lien (bond);
D: Whichever of the above was recorded first.
Answer: C: A 1911 Street Improvement assessment lien (bond);
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A listing broker sells an office building to a syndicate of which the broker is a member without informing the seller of this interest. Before closing, the seller discovers the broker's interest and refuses to sell. What would happen in a civil suit to collect a commission?
a. The case would be transferred to the Real Estate Commissioner. b. No commission would be due. c. The broker would be awarded their full commission. d. The court would demand a mitigation hearing.
Economic profit is calculated from the ratio of net profit to the number of shares
Indicate whether the statement is true or false