Private Information Refers to Which of the Following

question 41

Multiple Choice

Private information refers to which of the following?

• A)information marked confidential by the company
• B)information disclosed at a shareholder meeting
• C)information passed on after signing a nondisclosure document
• D)information not normally available to the general public

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Definitions:

Real Estate Agent

A licensed professional who represents buyers or sellers in real estate transactions, facilitating the sale or lease of properties.

Express Agreement

A clear and unambiguous mutual understanding or contract between parties, typically in written or spoken form, regarding the terms of their arrangement.

Legal Rules

These are principles or directives enacted by a governing body that regulate behavior and are enforceable by the imposition of penalties for violations.

Commission

A fee paid to an agent or employee for transacting a sale, calculated as a percentage of the sale price.