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Dovator [93]
3 years ago
14

Two brokers in town were tired of knocking heads with each other. To avoid a fight they agreed they would each charge a standard

fee of 5% for a listing and no less. Is this legal
Social Studies
1 answer:
Whitepunk [10]3 years ago
3 0

Answer:

No, it violates antitrust laws

Explanation:

Antitrust law as applicable to Real Estate, is a law that is made to protect stakeholders: buyers, sellers or other parties involved in a potential or actual contract relationship from practices that may be considered as void such as price fixing (often times lowering of prices), rigging of bids, allocation of customers or markets, running of multiple listing services individually or collectively, and group boycotts.

Hence, in this case, this is a case of price-fixing where by two participants on the same side, have agreed to fix a price, in which the 5% may have imposed high prices on consumers. Thus, it is considered illegal, and violates antitrust law.

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Rosa is a Guatemalan immigrant and has learned to speak English and has taken to celebrating traditionally American holidays, such as Thanksgiving and the Fourth of July so she is experiencing Assimilation.

<h3>What is Assimilation?</h3>
  • The process of assimilation involves individuals and groups assimilating into the culture of the new group they are a part of by taking on its attitudes and values, manner of thinking and acting, and, in short, it is a way of life.
  • Both nationalization and renationalization are part of the process, as Fairchild noted. Social attitudes are altered as a result. Initially, the feeling of competition between the two cultures is what is most noticeable when they interact, but with time, they begin to incorporate aspects of one another.
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To learn more about Assimilation refer to:

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Kepler's first law says the planets orbit the Sun in elliptical orbits.
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How were slaves who worked as servants in homes different from those who worked in the fields?
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Legile moderne care implică copii sunt foarte diferite de legile celor cincizeci de ani în urmă. Legile moderne protejează copiii în multe feluri, printre care: protejarea dreptului copiilor la educație, dreptul la îngrijiri medicale, dreptul la nediscriminare, prevenirea legilor muncii copiilor.

English:

Modern laws involving children are very different from the laws of fifty years past. Modern laws protect children in many ways including the following: protecting children’s right to education, right to health care, right to non discrimination, the prevention of child labor laws.

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