Broker Charlie shows Buyer Baker a home that he knows has extensive plumbing repairs needed. He must:
a. inform the buyer because it is the right thing to do.
b. not inform the buyer unless he asks.
c. inform the buyer because he must disclose to the buyer all material facts regarding the property.
d. not disclose anything negative about the seller to the buyer unless given permission from the seller.
Answer: c. inform the buyer because he must disclose to the buyer all material facts regarding the property.
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All of the following are considered typical roadblocks in defining a problem for Decision Analysts EXCEPT:
A) Impact on other departments B) Solution outdated C) Lack of leadership D) Beginning assumptions E) Conflicting viewpoints
Which type of lock assumes that no conflicts will occur?
A) Optimistic locks B) Granular locks C) Explicit locks D) Shared locks E) Open locks