Tom Finn refers his clients to a title company that is partially owned by Tom. Tom then receives profit distributions from the title company. Which of the following is true?
A)?Tom is involved in an illegal kickback scheme.
B)?Tom must make disclosures about the relationships as well as the fee payments.
C)?Tom is not liable for any debts or obligations.
D)?RESPA does not apply to transactions handled by a lawyer.
B
You might also like to view...
Concern with introversion versus extroversion is associated with ______ fit.
A. ability-job B. personality-job C. person-organization D. personality-ability
Answer the following statements true (T) or false (F)
1. A compromise between the structured and unstructured interview format is the semistructured interview. 2. A primary question introduces a topic in an interview, while a secondary question follows up, probing further into the response to the primary question. 3. Primary questions help gain complete and accurate information, and also establish a positive communication climate in the interview. 4. Directed questions are effective as persuasion tools.
Online defamation is wrongfully hurting a person's reputation by communicating false statements about that person to others online
Indicate whether the statement is true or false
Spectronix Inc operates in a world of perfect capital markets, has no debt, and has a required rate of return on equity of 10%
An executive manager has suggested that borrowing money to buy back outstanding stock is a good idea because it would replace equity financing with less expensive debt financing, thus increasing the value of the firm. Assume the firm issues new debt with a required return of of 5% to repurchase 30% of the outstanding stock. What is the cost of equity at the conclusion of this transaction? A) 21.67% B) 12.14% C) 16.43% D) 45.00%