RE-160 Lecture Notes - Lecture 16: Internet Data Exchange, Business Judgment Rule, National Do Not Call Registry

• School: Diablo Valley College
• Department: Business Accounting/Management/Marketing/Real Estate
• Course: RE-160
• Professor: Langager

Document Summary

Brokers must not conspire to "fix prices" rates must be independently determined by broker for his or her firm based on the broker"s business judgment and revenue requirements; must avoid even the impression that rates are standard. A business must not conspire against other businesses or agree to withhold their patronage to reduce competition known as group boycotting. Brokers must not allocate customers or markets by dividing their markets and refraining from competing. Brokers may not tie the sale of a first product to the purchase of a second product. Individuals: a maximum million fine and ten years in prison. Corporations subject to up to million in penalties. For people to search for properties in local market. Internet advertising state laws commonly include the following provisions: Electronic communication by a licensee must include the licensee"s name, office address, and broker affiliation.