5. a. Which of the following is true about a REALTOR? A REALTOR is a real estate professional licensed in more than one state. b. A REALTOR is legally entitled to a greater commission in listing properties for sale. C. A REALTOR is a discount real estate broker, offering lower commission rates and relying more on internet technology. d. A REALTOR is a member of a national association that provides real estate professionals with guidance, education, and support. 7. a. Which of the following is false about dual agency? Dual agency is unethical and prohibited in California. b. The dual agent must sent all buyers and sellers a disclosure form, informing them of the dual agency. The dual agent must sent all buyers and sellers an acknowledgement form, asking them to acknowledge and consent to the dual agency. d. The dual agent must receive signed acknowledgment forms from all buyers and sellers, each approving of the dual agency. C. 8. a. When a broker receives funds for a transaction, the broker must, within three days of receipt of the funds do one of the following, except Give the funds to the principal. b. Deposit the funds directly into escrow. C. Place the funds in the broker's trust account. d. Hold the funds in the broker's general business account