________ is a tort related to defective products in which the defendant has breached a duty of due care and caused harm to the plaintiff

An equity-indexed annuity

A) is very similar to a variable annuity B) does not have a fixed minimum guarantee C) has its interest tied to a stock market-related index D) can decrease in value

A broker's unlicensed assistant worked late nights and weekends to help ensure the successful closing of a difficult transaction. The assistant's extra work included making several phone calls to the prospective buyers, encouraging them to accept the seller's counteroffer. Largely because of the assistant's efforts, the sale went through with no problem. Now the broker wants to pay the assistant a percentage of the commission "because the assistant has really earned it." Under Texas law, the broker may

A) pay a commission to the assistant only if the assistant is an independent contractor. B) not pay the assistant a cash commission, but is permitted to make a gift of tangible personal property. C) compensate the assistant in the form of a commission under the circumstances described here. D) not pay a commission to the assistant under the facts presented here. They are both in violation of rules regarding unlicensed assistants.