A broker owns a real estate brokerage, a title company, a mortgage company, and an insurance company. The broker advertises one-stop services in his advertising. Which law requires the broker to disclose the material relationships when a client buys the property through the broker, gets the loan from the in-house lender, used the broker's title company to close the transaction, and secured an insurance policy from the broker's insurance company?

RESPA(REAL ESTATE SETTLEMENT PROCEDURES ACT)

Explanation: The real estate settlement procedures act was enacted by congress in 1974 and it became effective a year later, the main aim of RESPA was to create a system or process through which real estate solutions are effectively done in order to achieve a win-win situation where no one involved in real estate deals are cheated.

The act also prevents certain actions like kickbacks which it views as an unlawful activity.

you get a crown by getting lots of points and you get points by answering other peoples questions

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know