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California Real Estate Practice Final Exam (Questions & Answers) Questions And Answers With Verified Solutions Already Passed!!! $15.49   Add to cart

Exam (elaborations)

California Real Estate Practice Final Exam (Questions & Answers) Questions And Answers With Verified Solutions Already Passed!!!

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  • Course
  • California Real Estate
  • Institution
  • California Real Estate

California Real Estate Practice Final Exam (Questions & Answers) Questions And Answers With Verified Solutions Already Passed!!!

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  • October 8, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • California Real Estate
  • California Real Estate
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California Real Estate Practice Final
Exam (Questions & Answers) Questions
And Answers With Verified Solutions
Already Passed!!!
Using time-management to increase income, you should realize that -
ANSWER✔✔doubling "A" time activities should double your income.


What are the advantages of a good time-management program? -
ANSWER✔✔Improved efficiency
Increased income
A release from time pressures


One of the requirements for a real estate salesperson to be regarded as an
independent contractor by the IRS is that the - ANSWER✔✔broker-salesperson
contract states that the salesperson shall be treated as an independent contractor for
tax purposes.


Which of the following statements regarding the use of goal-setting is FALSE? -
ANSWER✔✔Once set, goals should never be changed.


Brokers have liability to commission salespeople as to - ANSWER✔✔workers
compensation.


The purpose of a broker providing a sliding commission scale that rises as sales
volume increases is to - ANSWER✔✔both motivate salespeople and retain top
producers.

,If you are going to be buying a new car for real estate sales, you should consider -
ANSWER✔✔a full-sized, four-door car for easy entrance and exit.


You can find out how things are done in your office by - ANSWER✔✔studying
your office procedure manual.


Which of the following statements regarding mobile home sales is TRUE? -
ANSWER✔✔Both A real estate agent can sell a mobile home in a rental park
space and A real estate agent can sell a mobile home with the land it is sited on.


The following statements are all examples of abstract goals - ANSWER✔✔I will
strive to improve my sales techniques.
I will improve my communication skills.


I will become a better salesperson.


Advertising a home in an area occupied solely by members of a minority group
only in newspapers directed toward that minority group would be regarded as -
ANSWER✔✔steering.


The Civil Rights Act that applied only to race was the - ANSWER✔✔Civil Rights
Act of 1866.


A broker may discriminate against a tenant who - ANSWER✔✔neither has AIDS
nor has a guide dog.

, The Real Estate Commissioner's suggestions for professional conduct include that
the agent - ANSWER✔✔Report violations of the real estate law to the Bureau of
Real Estate.
Stay in close communication with clients or customers.
Submit all written offers in a prompt and timely manner.


The California Act that prohibits discrimination by all California businesses is the -
ANSWER✔✔Unruh Act.


Redlining is prohibited by the - ANSWER✔✔Holden Act.


The Civil Rights Act of 1968 prohibits - ANSWER✔✔both blockbusting and
steering.


Which of the following statements regarding ethics is TRUE? -
ANSWER✔✔Ethics tends to precede the law.


Redlining refers to a refusal to - ANSWER✔✔loan in designated areas.


What is the best test to evaluate if an act is ethical? - ANSWER✔✔The Golden
Rule


The Seller Financing Disclosure Statement provided to both buyer and seller
provides - ANSWER✔✔Credit terms.
Disclosure of deferred interest.
A warning as to balloon payments.

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