Nathan Is One of Six Real Estate Agents Assigned to a Local

question 46

Multiple Choice

Nathan is one of six real estate agents assigned to a local office.He is not especially good at planning or problem solving,but whenever someone needs a sounding board or has an issue to vent,Nathan is there to pay attention,nod his head,refrain from giving biased advice,and be supportive.Nathan is demonstrating the teamwork KSA of:

• A)conflict resolution.
• B)collaborative problem solving.
• C)communication.
• D)goal setting and performance management.
• E)planning and task coordination.

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Definitions:

Securitization

The process of converting assets, usually illiquid ones, into marketable securities, thereby enhancing liquidity and often reducing risk.

Mortgages

A legal agreement by which a bank or creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Bonds

Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, which includes terms for variable or fixed interest payments and the return of the original investment at maturity.

Purchase Money Security Interest

A security interest that arises when someone lends money to a consumer and then takes a security interest in the goods that the consumer buys.