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Timeshare Test #2 Practice Questions and Answers (100% Pass) $12.49   Add to cart

Exam (elaborations)

Timeshare Test #2 Practice Questions and Answers (100% Pass)

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  • Timeshare License
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  • Timeshare License

Timeshare Test #2 Practice Questions and Answers (100% Pass) The Nevada Revised Statute that deals with the timeshare industry in Nevada is titled: A. 1551 B. 119A C. 119B D. 645 - ️️ B. 119A Timeshare right to use is considered: A. A contractual agreement B. Deed and title C. An open ...

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  • August 15, 2024
  • 20
  • 2024/2025
  • Exam (elaborations)
  • Unknown
  • Timeshare License
  • Timeshare License
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OliviaWest
©PREP4EXAMS@2024/2025 [ REAL-EXAM-DUMPS] Monday, August 5, 2024 1: 54 PM


WEST VIRGINIA UNIVERSIRTY-WV26506

Timeshare Test #2 Practice Questions and Answers (100% Pass)


The Nevada Revised Statute that deals with the timeshare industry in Nevada is titled:




A. 1551


B. 119A


C. 119B


D. 645 - ✔️✔️B. 119A


Timeshare right to use is considered:




A. A contractual agreement


B. Deed and title


C. An open arrangement


D. None of the above - ✔️✔️A. A contractual agreement


Timeshare is:




1

,©PREP4EXAMS@2024/2025 [ REAL-EXAM-DUMPS] Monday, August 5, 2024 1: 54 PM


WEST VIRGINIA UNIVERSIRTY-WV26506
A. A great investment


B. A way to freeze vacation costs


C. Easily financed


D. A good tax deduction - ✔️✔️B. A way to freeze vacation costs


Fractional ownership of a timeshare is:




A. From one day to 29 days


B. A series of 21 day stays


C. Weekends only


D. One month to half of a year - ✔️✔️D. One month to half of a year


An arrangement to do, not to do certain things is called:




A. Declaration


B. Contract


C. Affidavit


D. Testament - ✔️✔️B. Contract




2

, ©PREP4EXAMS@2024/2025 [ REAL-EXAM-DUMPS] Monday, August 5, 2024 1: 54 PM


WEST VIRGINIA UNIVERSIRTY-WV26506
All are necessary to the creation of an agency relationship except:




A. Consideration


B. Agreement of both parties


C. Principal with capacity


D. Mutuality - ✔️✔️B. Agreement of both parties


Which of the following is not a necessary element in the information of a contract?




A. Consideration.


B. Acceptance


C. Performance


D. Offer - ✔️✔️C. Performance


Financing for an individual timeshare is done by the:




A. Developer


B. Local banks




3

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