Violations setting commission rates

Question 1

Only _______ are able to earn a commission or sue to collect a commission.

Answer 1

brokers

Question 2

Commission rates and any other means of compensation are ALWAYS __________.

Answer 2

negotiable

Question 3

Any attempt by a broker to establish a set commission is illegal _____-______.

Answer 3

price-fixing

Question 4

The Sherman Anti-Trust Act says

Answer 4

There can NEVER be a standard or going rate for commissions.