When a dual agency is established in a targeted sales transaction, the broker and their agents may not pass on any information from one party to the other relating to:

a. the price the buyer may be willing to pay.
b. the terms of payment the seller may be willing to accept.
c. Both a. and b.
d. Neither a. nor b.

Answer: c. Both a. and b.

Business

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______ was the first state to enact a worker's compensation law in 1911

a. Wisconsin b. Texas c. Virginia d. New York e. Illinois

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Personal liability for a corporate board member means that

a. directors have a legal obligation to pay all debts of the corporation. b. directors have a legal obligation to pay all debts of the corporation if the company cannot. c. directors may be sued for breach of fiduciary duty. d. directors have a personal responsibility to the shareholders.

Business