It is an example of special agency. It enables the bond of the broker and the principle in which they have a contract of having little control of each other and responsibility. These agency are hired by the seller to be able to reach out for others in selling the seller's property, allowing them to do what they are capable of but the seller has only little control of the broker.
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Answer:
B) The DOL protects workers while the SEC oversees the stock market.
Explanation:
The department of labor primary responsibilities is catering to the welfare of retirees, job seekers, and workers. The DOL promotes the well-being of employees by advocating for better working conditions and protecting their health care and retirement benefits. Department of Labor seeks to have employees profit from their time in employment. It administers several laws that concern workers, such as the occupation, health and safety, and the minimum wages.
The Securities and Exchange Commission (SEC) is a federal agency body that regulates the securities industry. The SEC proposes the rules in the securities exchange and options markets. The body promotes and demands integrity and fair practices from all players in the securities exchange industry.
Answer:
The correct answer is a. Relationship management.
Explanation:
Good human relationships within a company are a very important factor in achieving success, not only with the client, but also internally among the team that forms the human capital of the company.
Organizations need to have leaders who know how to manage talent and be able to adapt to changes in the labor market.
Human relationships are the set of rules, principles and techniques for people to establish better relationships with each other. It is the degree of acceptance, sympathy and maturity that we reflect towards others. Without a doubt, a very important aspect within the business organization.
Answer:
willful misrepresentation
Explanation:
Willful misrepresentation is an intentional act or misrepresentation of facts with an intent to deceive. It is an intentional action taken by one party, which constitutes a breach of representation with an intent or act to mislead the other party to whom such representation was made.
The above scenario is an example of wilful misrepresentation because the broker knew that the foundation of the house was faulty but willfully misrepresented fact by telling the buyer that the home's foundation was 'solid as rock'.
