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301 NC 30-Hour Post Licensing Exam Questions With 100% Correct Answers 2024 $14.99   Add to cart

Exam (elaborations)

301 NC 30-Hour Post Licensing Exam Questions With 100% Correct Answers 2024

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  • Course
  • 301- North Carolina Post Licensing
  • Institution
  • 301- North Carolina Post Licensing

301 NC 30-Hour Post Licensing Exam Questions With 100% Correct Answers

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  • October 28, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • self dealing
  • 301- North Carolina Post Licensing
  • 301- North Carolina Post Licensing
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301 NC 30-Hour Post Licensing Exam
Questions With 100% Correct Answers

Whenidoesiconfidentialityiendiforiaiclient?i-iCorrectiAnswer-
Never,iunlessiyouihaveiaidutyitoidiscloseitoiainewiclient.i(e.g.,iYouirepre
sentediaibuyericlientithreeiyearsiago.iYouijustisignediainewisellericlienti
whoiknowsiyouriformeribuyericlientiandiasksiyouihowitheibuyeriwasiabl
eitoipayicashiforitheiriproperty.iEvenithoughiyouiknowithatitheibuyerica
meiintoiailargeiinheritance,iyouidoinotidiscloseithisitoiyourinewiclient.)


SelfiDealingi-iCorrectiAnswer-
Occursiwheniaibrokerihasianiundisclosediinterestiiniaiproperty


NorthiCarolina'siUnfairiandiDeceptiveiTradeiPracticesiActi-
iCorrectiAnswer-

Prohibitsiunfairiorideceptiveipracticesiinicommerce.i(I.eigivingimisleadin
giopinionsiorifalseiinducements,ifailingitoidiscloseimaterialifacts,iusingi
misleadingiadvertising,imakingimisrepresentations.)


.Wheniyouiuseiaicomparativeimarketianalysisitoicalculateiaisuggestedilis
tingipriceirangeiforiaiparticulariproperty,iwhichiofitheifollowingiactionsi
williyouitake?


A.Adjustipricesifromiallipropertiesilistediorisoldiwithiniaione-
mileiradiusiofitheisubjectiproperty.

,B.Calculateiaipriceirangeibasedionidataifromiexpiredilistingsiandipendin
gisales.
C.Useiadjustedipricesifromicomparablesiandirefineiairangeiusingiactiveili
stings,iexpiredilistings,iandipossiblyipendingilistings.
D.Useiadjustedipricesifromicomparablesiandirefineiairangeiusingiactiveil
istings,iexpiredilistings,iandipossiblyipendingilistings.i-iCorrectiAnswer-
C.iUseiadjustedipricesifromicomparablesiandirefineiairangeiusingiactiveil
istings,iexpiredilistings,iandipossiblyipendingilistings.


TrinityirepresentsiaibuyeriwhoiisiinterestediinioneiofiTrinity'sinewilisting
s.iWhichiofitheseistatementsiaboutidualiagencyiconsentiisicorrect?


A.iOnlyitheiseller'siconsentimustibeiiniwritingithroughoutitheitransactio
n.
B.iTheibuyer'siverbaliconsentiisiadequateiuntilianiofferitoitheiselleriisiacc
epted.
C.iTrinityimustiobtainiwrittenidualiagencyiconsentifromibothipartiesibef
oreipresentingianiofferifromitheibuyeritoitheiseller.
D.iTrinityimustiobtainiwrittenidualiagencyiconsentifromibothipartiesibef
oreishowingitheihouseitoithisibuyer.i-iCorrectiAnswer-
C.iTrinityimustiobtainiwrittenidualiagencyiconsentifromibothipartiesibef
oreipresentingianiofferifromitheibuyeritoitheiseller.


WhichioneiofitheifollowingiisianiexampleiofiaiNorthiCarolinaiseller'siage
nticarryingioutitheidutyiofiloyalty?

, A.iHarryiensuresihisiclientsiknowiaboutianyipotentialiissuesithatimightiin
terfereiwithiaismoothitransaction,iincludingianyipossibleiconflictsiofiint
erestiHarryimightihave.
B.iJaredireceivesianiofferifromiaibuyeriandimakesisomeireasonableiinqui
riesiintoithatibuyer'sifinancialireadiness.
C.iLindsayiadvisesihericlientiagainstireducingitheisaleipriceionitheilisting,i
butitheniprocessesitheidiscountiasihericlientirequested.
D.iSandrairefusesitoishareiinformationiaboutihericlient'simotivationitois
elliwithitheibuyer'siagent,ieveniwheniasked.i-iCorrectiAnswer-
C.iLindsayiadvisesihericlientiagainstireducingitheisaleipriceionitheilisting,i
butitheniprocessesitheidiscountiasihericlientirequested.


WhichioneiofitheifollowingistatementsiisiNOTianiexampleiofiaiNorthiCar
olinaibuyeriagenticarryingioutitheidutyiofiobedience?


A.iBrianidoesn'tithinkithatihisibuyericlientishouldisubmitianiofferithatihig
h,ibutiafteriadvisingihim,iheisubmitsitheiofferithatihisiclientiwants.
B.iCarl'siclientiGerardiwantsitoibuyiaihouseiandibeisettlediquickly,isoiCarl
iseeksioutilistingsithatiincludeitheitermsi"motivatediseller."


C.iTheoilinesiupiaishowingiofiaihomeithatihasiallitheiitemsionihisibuyer'si
wishilist,ievenithoughitheicommissionisplitiisifarilessithaniheinormallyise
es.
D.iTrevorischedulesianiopenihouseiforihisisellericlientsiforitheifollowingiS
aturdayioverihisiclients'iprotests,ibecauseiheiknowsithatiSaturdayiopeni
housesiareiwell-attended.i-iCorrectiAnswer-
D.iTrevorischedulesianiopenihouseiforihisisellericlientsiforitheifollowingiS

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