A position of trust, assumed by the broker as an agent for a principal, is described most accurately as a/an:

a. employment relationship.
b. fiduciary relationship.
c. trustor relationship
d. gratuitous relationship.

Answer: b. fiduciary relationship.

Business

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Common law differs from civil law in that common law

A. is considered complete because of the catchall provisions found in most law systems. B. does not enforce agreements unless properly notarized or registered. C. is recognized as being all-inclusive. D. establishes ownership by prior use rather than registration. E. excuses compliance on unforeseeable human acts such as labor strikes and riots.

Business

The phrase, "Do as I say, not as I do," will work for which stage of team development?

A) Forming B) Norming C) Storming D) Performing E) None of the answer choices are correct.

Business