If you find yourself in a credit hole:
A) Skip making payments until you can afford to pay off your bill
B) Make late payments only on your largest debt
C) Take out a loan to pay off your debt
D) None of the above
D
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Which of the following best defines the concept of corporate governance?
A. A system for monitoring managers’ activities, rewarding performance, and disciplining misbehavior. B. Corporate values and governance structures that ensure the business is conducted in an ethical, competent, fair, and professional manner. C. A system of principles, policies, and procedures used to manage and control the activities of a corporation so as to overcome conflicts of interest inherent in the corporate form.
Under the Uniform Regulation of Business and Professions Act ( URBPA), which of the following actions by a licensee would constitute unprofessional conduct?
A. Allowing an unlicensed assistant to submit property information to the MLS B. Being convicted of a gross misdemeanor related to a motor vehicle accident C. Failure to include in an advertisement the designated broker's name and telephone number of the brokerage D. Failure to provide a buyer with a property disclosure form