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Bill the broker received a very high offer on a piece of property from a buyer. Bill makes a low offer through a "dummy" purchaser, or an accomplice who is not a buyer at all. Bill then sells the property to the buyer for the higher price, with the difference being profit. What's the violation?

a) Commingling
b) Secret Profit
c) False Promise
d) Dishonest Dealing

Respuesta :

sandlee09

Answer:

b) Secret Profit

Explanation:

According to my research on different law violations when selling property, I can say that based on the information provided within the question Bill has a Secret Profit Violation. This is defined as when an employee uses his employer's assets in order to complete a transaction on his own behalf. This is what Bill has done in this situation.

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