A builder has seven houses under construction and hires a real estate agent to find buyers for two of them. The type of agency relationship established was MOST LIKELY a..

The Global Distribution System (GDS) allows travel agents to make room reservations on the websites of intermediaries specialized in online lodging product distribution and to receive commissions.

a. true b. false

Which of the following reasons for denying an applicant a loan is a violation of fair lending laws, such as ECOA?

a. The applicant's income does not meet the required level for repayment of the loan b. The applicant's age is below the minimum age for executing a contract c. The applicant's recent marital status may lead to a change in employment d. The applicant's credit history includes defaults on many credit payments