Marketing

Question 1

Sherman anti trust act prohibits what?

Answer 1

1. Price fixing
2. Market allocation
3. Boycotting

Doesn’t prevent office policies.

Question 2

Ads my not?

Answer 2

Make any Misrepresentation or negligence omission

Question 3

Who must approve all ads?

What must ads have on them?

Answer 3

BIC

Must indicate that the source of the ad is a broker or firm and have firm name.

Question 4

Federal truth in lending act

Answer 4

Known as TILA or REGULATION Z

Regulates cost of credit

Applies only to financed transactions

Must disclose APR(annual percentage rates)

Question 5

Trigger terms

Answer 5

Examples

1. Payment
2. Down payment
3. interest rates
4. Monthly payment

Question 6

Where must you display the Fair Housing Poster

Answer 6

Every entity that sales real estates must display poster

Logo required on 2 by 2 inches magazine