If a mortgage broker decides to use telemarketing to establish leads for loan origination, which of the following should occur?
a. The broker should invest in a state-of-the-art predictive dialer
b. The broker should stop calling current customers unless they have given consent
c. The broker should only call former and current customers to ask for referrals
d. The broker should obtain access to the Do-Not-Call Registry
Ans: d. The broker should obtain access to the Do-Not-Call Registry
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Which of these statements best describes "the law of agency?"
A. The activities of any party who receives a percentage of the profits from a business transaction. B. A relationship in which someone is authorized by contract to represent another party C. The duties of a professional who is trained and licensed to prepare legal documents D. The activities of any licensed insurance professional