David,the Owner of BayView Reality Inc

question 6

Multiple Choice

David,the owner of BayView Reality Inc.,decided to buy one of his own firm's listings for investment purposes.The principal (owner of the property) refused to pay any commissions or reduce the price on this transaction.Can this impasse be legally resolved?

• A)Yes,it can; all we need is an "arms-length" transaction with third party involvement.
• B)No,it cannot,since the agent has placed his own interest in conflict with that of the principal,therefore such a contract is illegal and void.
• C)Yes,it can; they both simply need to negotiate between them a satisfactory deal.
• D)No,it cannot,because David would lose his realtor's license if he completed this transaction.
• E)Yes,it can,since the real estate arbitration board would issue a ruling.

Distinguish between Erikson's psychosocial theory and Freud's psychosexual stages.

Recognize Erikson’s epigenetic principle of maturation.

Identify the key figures and experiences that influenced Erikson’s theory and work.

Understand the impact of unresolved conflicts in early stages on later development.

---

Definitions:

First Birthday

Marks the completion of one year since a child's birth, a significant milestone in development and growth often celebrated by families and caregivers.

Halfway Through

A term indicating that a process or period of time has reached its midpoint, with an equal amount completed and remaining.

Cognitive Conflict

A situation arising from the encounter of differing viewpoints or information, leading to a reevaluation of existing beliefs or knowledge.

Equilibration

The process in cognitive development described by Piaget where children balance assimilation and accommodation to create stable understanding.