C2U2 Ethics, Fair Housing, Trust Funds, and Other Legal Issues Flashcards
Three brokers agreed that they would not let a third party broker show any of their listings. This action would be regarded as:
a. a group boycott.
b. price-fixing.
c. market allocations.
d. a tie-in agreement.
a. a group boycott
Ethics’ relationship to law is that:
a. if an act is illegal it is also unethical.
b. ethics tends to precede the law.
c. ethics and the law both set minimum standards for behavior.
d. what is ethical is legal.
b. ethics tends to precede the law.
Which of the following phrases would be considered nondiscriminatory in an advertisement for a rental?
a. Christian family
b. Prefer working married couple
c. Just two blocks to St. Michael’s
d. None of these
d. None of these
A broker with a disabled employee widened the doorway to the restroom to accommodate a wheelchair. This work was performed to comply with the:
a. Civil Rights Act of 1866.
b. Americans with Disabilities Act.
c. Rumford Act.
d. Fair Housing Amendment Act of 1988.
b. Americans with Disabilities Act.
The Civil Rights Act of 1866 specifically covers what type of discrimination?
a. Sex
b. Marital status
c. Age
d. Race
d. Race
A broker showed African American prospective buyers homes in African American and racially mixed neighborhoods. He would show African American prospects homes in predominantly Caucasian areas only if the prospects specifically requested to see homes in those areas. The broker’s action would be described as:
a. illegal.
b. unethical.
c. steering.
d. all of these.
d. all of these.
A broker refused to show a young Hispanic family of five a condominium about which they had inquired. The broker’s action would be proper if:
a. the broker considered the unit too small for the family.
b. there were no other children in the development.
c. the development has an age exemption because all occupants are 55 years of age or older.
d. 70% of the units are occupied by elderly.
c. the development has an age exemption because all occupants are 55 years of age or older.
A landlord can properly refuse an applicant because the applicant:
a. has a guide dog and the apartment is on the fourth floor.
b. is a single but obviously pregnant woman.
d. appears to be gay and the landlord is afraid of catching AIDS.
d. none of these.
d. none of these.
The state act that specifically prohibits discrimination in business establishments is the:
a. Unruh Act.
b. Rumford Act.
c. Holden Act.
d. Civil Rights Act of 1968.
a. Unruh Act.
Which of the following actions dealing in trust funds would be a violation of the law?
a. Giving trust funds received to a principal
b. Placing depository trust funds directly into escrow
c. Placing trust funds into a trust account
d. Placing trust funds in the personal care of a bonded employee
d. Placing trust funds in the personal care of a bonded employee
