A broker, Which of the following is NOT a statutory exception to providing the Seller's Disclosure Notice? In those instances, a range or formula might be the appropriate method of disclosure. Sally decided that instead of accepting the offer, she would have Angelica write a counteroffer. Lockton comment: This is a broad range of compensation that will be subject to disclosure. . There is the presence of electromagnetic fields. Under ERISA, certain transactions between a plan and a party-in-interest, which includes service providers to the plan such as brokers and consultants, are generally prohibited. Which statement is TRUE? Find the probability that a randomly selected: Common stock will give more than a 10 percent return. and walked away to make a new offer on the other house with the other brokerage. By purchasing the note, Smith may or may not have impaired his ability to make an unbiased and objective assessment of the appropriateness of the derivative instrument for his firm, but Smiths failure to disclose the purchase to his employer impaired his employers ability to decide whether his ownership of the security is a conflict of interest that might affect Smiths future recommendations. C) B. Ronna's buyer client asked her to keep his financial situation confidential. B. only when acting as a dual agent. Pretend that you don't see this answer and let the buyer question it. In some situations, for example, a lawyer may be impliedly authorized to admit a fact that cannot properly be disputed or to make a disclosure that facilitates a satisfactory conclusion to a matter. Arthur v. Brick, 565 N.W.2d 623, 625 (Iowa Ct. App. Does every carpet stain or leaky faucet wield the power to tank a transaction? Best practices dictate updating disclosures when the nature of a conflict of interest changes materiallyfor example, if the nature of a conflict of interest worsens through the introduction of bonuses based on each quarters profits as to opposed annual profits.
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