After correcting 2NF error for JobClient table, which of the following would be true of the new
table?
A) JobID would be the primary key and ClientID the foreign key.
B) JobID would be the primary key and Phone the foreign key.
C) ClientID would be the primary key and JobID the foreign key.
D) ClientID would be the primary key and Phone the foreign key.
A
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You take an application over the phone. Which of the following must occur within three business days of a potential borrower submitting an application for a loan?
a. Submit the application to the lender for underwriting b. Provide the borrower with confirmation of receipt of the application c. Hand-deliver or mail the Good Faith Estimate and Affiliated Business Disclosure d. Hand-deliver or mail the Good Faith Estimate and TIL Disclosure
All active brokers must have errors and omissions insurance.
a. true b. false