A home inspection revealed that black mold is present in a home. What should the buyer's agent tell the buyer?
A. That black mold is toxic, and that the buyer should not buy this home
B. That mold is commonplace, and can be cleaned up with bleach
C. To require the seller to remedy the problem
D. To seek expert advice
Answer: D. To seek expert advice
A buyer's agent typically does not have expertise in environmental hazards. The proper step, for matters in a transaction outside the agent's expertise, is to advise the principal to seek expert advise. In this case, that would be a mold remediation specialist.
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An accountant engaged in tax practice before the IRS has a confidentiality privilege regarding communications with a client. This privilege applies
A. Only to advice on legal issues. B. In state and federal courts. C. Only if the IRS adjudicates the case. D. In criminal tax matters.
When given the chance, you should NOT ask which of the following questions?
a. What, if any, additional expectations do you have of employees? b. What ways does the company support working on job improvement? c. How would you characterize the worker–management relations? d. Where do you see the company going in the next 5–10 years? e. How much will I make, and how much vacation time is provided?