write summary of code section 183 and explain the rules and regulations regarding the code. and provide examples
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- Section 139, Disaster Relief Payment, was enacted by Congress in 2001 to ensure that victims of a qualified disaster would not be required to include in gross income payments received for funeral expenses resulting from a terrorist attack. True FalseYou are an engineer and it is known that your project activities/plant production had caused an adverse health, safety and/or environmental (HSE) impact. To improve the HSE quality, you must cease your project activities/plant production for a period, resulting in the inability to meet the required schedule and targets.(i)Ethical behavior (ii)Identifying the moral issues82 Upon receipt of commission earned from a closed purchase loan, the mortgage loan originator sends the realtor a bottle of wine and a gift card to a local restaurant which of the the following regulations does this action violate? A) Violation of the Fair Housing Act B) Violation of the Truth in Lending Act (TILA) C) Violation of the Equal Credit Opportunity Act (ECOA) D) Violation of the Real Estate Settlement Procedures Act (RESPA)
- Typically what are the sections of an IS policy.The following is a series of questions pertaining to the NSPE Code of Ethics. Please indicate whether the statements are true or false. These questions are provided by the NSPE. Note: This ethics test is intended solely to test individual knowledge of the specific language contained in the NSPE Code of Ethics and is not intended to measure individual knowledge of engineering ethics or the ethics of individual engineers or engineering students. Engineers shall not solicit or accept a contract from a governmental bodyon which a principal or officer of their organization serves as a member.Discuss the Postal Rule relating to business law in your own words.
- Which of the following provides authority to states to conduct inventigations and examinations? A) NMLS B) AARMR C) SAFE Act D) Real Estate Settlement Procedures Act (RESPA)The trade association for cement manufacturers has started a program asking its members to file weekly reports on their levels of production, sales, and prices. The association distributed this information to its members in a monthly newsletter. Describe the information that would most likely be requested in a court hearing to determine whether or not this practice is legal.The Real Estate Settlement Procedures Act (RESPA) addresses which of the following requirerents? A) Discrimination in lending B) Sales of foreclosed properties C) Appraiser licensing requirements D) Mortgage origination and servicing disclosures
- 88 Which of the following situations is acceptable according to the Real Estate Settlement Procedures Act (RESPA)? A) A mortaage broker refers a settlement to a borrower and discloses that the agent will receive a portion of the settie fee. B) A mortgage broker refers a borrower to a settlement attorney in exchange for free legal services in the future C) A mortgage lender refers a title company to a borrower and provides a disclosure detailing the nature of the business relationshio and the estimated charges. the title company. D) A mortgage lender refers a real estate broker to a borrower after giving the borrower a prequalification, and the lender receives a portion of the real estate broker's commission.A mortgage loan originator (MLO) is prohibited from taking which of the following actions? A) Collecting an application fee prior to ordering a credit report B) Assisting a mortgage loan applicant in completing a mortgage application by filling out the form with the MLO's best assumptions C) Accepting a check for the appraisal before the borrower receives the Loan Estimate and intent to proceed D) Accepting a check payable to a title company and forwarding the check to the title company as payment for a title searchHow do I obtain the answer for part b?