Page 28 - Anti Trust for Board Leadership_Neat

ANTITRUST

COMPLIANCE QUIZ

True or False
(Circle One)

T F 1. Several association members
remained at the restaurant bar
after an association of
REALTORS installation
®
banquet and agreed that they
would all raise their
commission rates from six to
seven percent beginning the
first of the month. The
association of REALTORS ®
cannot be liable for this
conduct since it occurred after
the association banquet.

®
T F 2. REALTOR A, chair of the
membership committee of the
local association of
®
REALTORS , sent a letter on
association stationery to a
competitor who had applied
for association membership.
REALTOR A advised the
®
applicant that his application
would be rejected, even
though the Membership
Committee had not considered
the application, and the
applicant otherwise met the
association’s criteria. Since
®
REALTOR A acted contrary to
the association’s established
policy, the association is not
liable for his conduct.

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