If the amount of money in the Real Estate Recovery Trust Account drops below $1 million, the Texas Real Estate Commission may
A) limit payments from the fund to $5,000 per claim.
B) assess each license holder a pro rata share to bring the account to $1,700,000.
C) suspend payments from the fund until new license holders bring up the balance to an acceptable level.
D) transfer license holder fees and Texas A&M Research Center fees to the fund.
Answer: B) assess each license holder a pro rata share to bring the account to $1,700,000.
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The Chancery courts under the English common law were under the authority of the Lord Chancellor
Indicate whether the statement is true or false
Supervisor Barney often consults his iPhone while coaching people in his department. Most employees are likely to think that Barney
A) cares about them enough to electronically record their conversation. B) is on the fast track to the executive suite. C) dislikes being a supervisor. D) does not think they are very important.