Ms. Martinez has received a "mortgage commitment" from Lender Inc. in connection with her application for a mortgage loan. This typically means that: a Lender Inc. has completed the underwriting process and has approved the mortgage loan without any stipulations or conditions and the borrower is guaranteed the funds. b. the buyer's lawyer must register the mortgage on title on the date specified in the committment regardless of any change in completion date c. the interest rate has been confirmed but the lender may increase or decrease the amount of the mortgage prior to closing. d. the mortgage loan has been approved but is subject to certain stipulations or conditions such as requiring clear title on the property and evidence of fire insurance coverage. Salesperson Leung presents an offer on his listing for exist245,000 which the seller is seriously considering accepting. Leung knows that a very similar property just sold for exist253,000 but does not inform his seller of that fact. Which of the following statements best describes Leung's conduct? a. Leung did not disclose the information because all properties are unique and the sale price of the other home has no bearing on his seller's property. b. Leung has breached the obligation of disclosure. c. Leung did not disclose this information because of Leung's duty to the buyer. d. Leung did not disclose the selling price of the other property because the terms of an offer are confidential You list a property for 90 days and the sellers inform you that they do not want you to hold an open house. In the third month of the listing, there is not a lot of activity on the listing and, since the sellers are out of the country, you decide to hold a Saturday afternoon open house. Based on the duties of an agent to a client, which of the following statements best describes this decision? a. The duty of confidentiality makes it unnecessary to inform the client of the open house. b. Holding an open house is just one of the many things you are required to do on behalf of your client because of your duty of competence. c. This decision is a violation of your obligation of obedience. d. You have to use your best judgment to protect the interests of your client and you have made the right decision.