Two brokers secretly agree to charge identical commissions and divide service territories. These practices violate:
Question & Answer
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Federal Equal Credit Opportunity Act
The Equal Credit Opportunity Act prohibits discrimination in credit transactions, not anticompetitive practices among real estate brokers. This option tests whether students confuse consumer protection laws with antitrust regulations.
Federal Sherman Antitrust Act
California Attorney-Broker Professional Conduct Act
While California has professional conduct regulations, there is no specific 'Attorney-Broker Professional Conduct Act.' This option represents a distractor using incorrect terminology to test knowledge of actual California regulatory bodies.
California Fair Employment and Housing Act
The Fair Employment and Housing Act prohibits discrimination in housing based on protected characteristics, not anticompetitive business practices among brokers. This option tests whether students confuse fair housing laws with antitrust regulations.
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