Antitrust laws Study guides, Class notes & Summaries

A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called a contract Antitrust laws prohibit competing brokers from all of the following 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. Brainpower Read More 0:04 / 0:15 When a sewer line is installed down a rural road, the cost will probably be shared by all current owners of real e...

An employer may be liable for an employee's tort when the employee's actions occur... - Within normal operating hours. - Under emotional stress. - Within the scope of his/her employment. - Without the employer's knowledge. Within the scope of his/her employment Loggins Forestry and Mill Company sells wood to Henderson Wood Products. Henderson sells the wood to Franklin Construction Company, who uses the wood to build homes and office buildings. What is the channel of distributio...

PSI NATIONAL REAL ESTATE EXAM LATEST TEST BANK EXAM WITH 500+ QUESTIONS AND CORRECT ANSWERS WITH RATIONALES ALREADY GRADED A+ (BRAND NEW!!) A buyer is getting a fully amortized loan for $220,000. The bank will give the buyer the loan for 15 years at 5 1/2% or for 30 years at 6 1/2%. To the nearest cent, what is the difference between the monthly payments for these two loans? (BE SURE TO USE THE AMORTIZATION TABLE.) - ANSWER-$409.20. A borrower has defaulted on the mortgage. The mortgag...

AAA ratings - Answer The highest possible rating that may be assigned by a credit rating agency for a bond absolute quota - Answer A quota that strictly limits the quantity of goods that may enter a country . Ad valorem tariffs - Answer Import taxes based on a fixed percentage of the assessed commercial value of imported goods algorithms - Answer A process or set of rules to be followed in calculations especially by a computer agility - Answer ability to move quick...

How do monopolies hurt consumers? correct answer: lack of economic competition, corporations have the ability to raise the market price without losing customers to competition. _________________ are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. correct answer: anti-trust laws A farmers market has many vendors and consumers who all sell and buy the same produce at the same price. Which type of market is represented? ...

TEXAS REAL ESTATE PRINCIPLES 1 WITH 200 REAL EXAM QUESTIONS AND CORRECT ANSWERS/ TREC REAL ESTATE PRINCIPLES 1 LATEST EXAM 2024/25(NEW) How many members does the Texas Real Estate Commission (TREC) consist of? - ANSWER-9 The Texas Real Estate Commission does NOT have authority to: - ANSWERamend real estate laws Which entity is given the authority to pass zoning laws? - ANSWER-Zoning Boards The Texas Deceptive Trade Practices-Consumer Protection Act applies to what aspects of real es...

MA Real Estate Pre-license Study Guide Rated A+ Acceleration Clause The clause in a mortgage that can be enforced to make the entire debt due if the mortgage defaults on any covenant in the mortgage Accession Acquiring land from deposit of soil washed up from a river, lake or ocean Ad Valorem Tax A tax levied "according to value". Refers to real estate taxes in relation to value assessed on the property for tax purposes Alienation The transferring of property to another. Allodial system La...

why should you study antitrust laws? : they apply equally to BOTH small and large businesses; the violations of antitrust laws are serious and include major fines, loss of jobs, and even imprisonment trust : legal arrangement in which a fiduciary holds legal title to property for benefit of another how can corporations come together to manipulate a trust? : in the same type of business, they can unite to eliminate competition among themselves; they could potentially destroy the free m...

A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called correct answersa contract Antitrust laws prohibit competing brokers from all of the following correct answers1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared by correct answersall current owners of real estate ...

Test Bank for Business Law and the Legal Environment Version 3.0 by Don Mayer, Daniel Warner, George Siedel, and Jethro K. Lieberman. Full Chapters test bank are included - Chapter 1 to 53 Chapter 1: Introduction to Law and Legal Systems 1.1 What Is Law? 1.2 Schools of Legal Thought 1.3 Basic Concepts and Categories of U.S. Law 1.4 Who Makes the Law 1.5 Legal and Political Systems of the World 1.6 A Sample Case 1.7 Summary and Exercises Chapter 2: Introduction to Corporate Social Resp...