1)Mr. Jones, my real estate agent's best friend wants to buy my house for $300,000. There is another offer for $295,000, which the agent does not tell me about.

	a.	This is not a breach of duty as the other offer was for less
	b.	This is a breach of the agent's duty
	c.	This would not be a breach if Mr. Jones was not my real estate agent's best friend
	d.	None of the these

2) Mr. Jones, my real estate agent's best friend wants to buy my house for $300,000. There is another offer for $295,000, which the agent does not tell me about.

	a.	This is not a breach of duty as the other offer was for less
	b.	This is a breach of the agent's duty
	c.	This would not be a breach if Mr. Jones was not my real estate agent's best friend
	d.	None of the these

3) You file for bankruptcy, but fail to put your dept to Verizon on your bankruptcy schedules and they are never notified. You get a discharge from the Court.

Choose one answer.

a) The debt to Verizon will not be discharged.

b) The debt to Verizon is discharged.

c) None of these.

d) The debt to Verizon is discharged when the Court gives a discharge, even if Verizon never had notice of the bankruptcy.

4) The President of Coca Cola is offered a spot of the Board of Directors of Pepsi:

	a.	He can accept as they are different companies
	b.	He can accept if the Pepsi shareholders vote for him
	c.	None of the these
	d.	He cannot accept as it would be a conflict of interest

5) Someone owes you $10,000. You get a notice that he has declared bankruptcy

	a.	None of the above
	b.	You can contact him to discuss the debt
	c.	You cannot contact him to discuss the debt due to the automatic stay
	d.	There is no automatic stay until the bankruptcy is finished