The purpose of the SAFE Act is to protect borrowers in mortgage loan transactions and to reduce fraud.
a. true
b. false
Answer: a. true
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In terms of ethical frameworks for reasoning, justice approach is:
A) a method of decision making based on treating all people fairly and consistently B) the degree to which society values personal goals, personal autonomy, privacy over group loyalty, commitments to group norms, involvements in collective activities, social cohesiveness, and intense socialization C) a means of making decisions based on what is the greatest good for the greatest number of people D) a means of making decisions based on the belief that each person has fundamental rights, that should be respected and protected
Which of the following is a major disadvantage of using agents and brokers?
A) loss of control over the service delivery B) lack of information about local markets C) narrow distribution of products D) reliable customer communication