help What is the penalty for a brokerage that accepts funds from a lender or investor tobe held on deposit or in trust whithout those funds being for a specific mortgage?Select one:a. The brokerage's license will be suspended for 30 daysb. The brokerage will receive a warning letterc. The brokerage will be fined up to $10,000d. The brokerage will face no penalty Which of the following is an appropriate way for a brokerage to gauge a candidate'scomprehension of what it takes to be successful in a broker/agent position?Select one:a. Ask the candidate what their current salary is.b. Ask the candidate what they feel are the most important qualities to besuccessful as a broker/agent.c. Ask the candidate to describe the brokerage's mission statement.d. Ask the candidate to rate themselves on a scale of 1-10.

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Engineering

Computer Science

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COMPREHENSIVE MICROSOFT OFFICE 365 EXCE

1st Edition

ISBN:9780357392676

Author:FREUND, Steven

Publisher:FREUND, Steven

Chapter4: Financial Functions, Data Tables, And Amortization Schedules

Section: Chapter Questions

Problem 1EYK

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Question

help

What is the penalty for a brokerage that accepts funds from a lender or investor to
be held on deposit or in trust whithout those funds being for a specific mortgage?
Select one:
a. The brokerage's license will be suspended for 30 days
b. The brokerage will receive a warning letter
c. The brokerage will be fined up to $10,000
d. The brokerage will face no penalty

Which of the following is an appropriate way for a brokerage to gauge a candidate's
comprehension of what it takes to be successful in a broker/agent position?
Select one:
a. Ask the candidate what their current salary is.
b. Ask the candidate what they feel are the most important qualities to be
successful as a broker/agent.
c. Ask the candidate to describe the brokerage's mission statement.
d. Ask the candidate to rate themselves on a scale of 1-10.

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