Missouri Real Estate 48 Hour Course Unit Quizzes MO Law Questions and Answers
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Course
Missouri 2024/2025
Institution
Missouri 2024/2025
Missouri Real Estate 48 Hour Course Unit
Quizzes MO Law Questions and Answers
c. license law - Ans:-Chapter 339 of the Missouri Statutes is known as:
a. Law of agency
b. code of ethics
c. license law
d. administrative commission code
c. her commission would be based on her agreement with her...
Missouri Real Estate 48 Hour Course Unit
Quizzes MO Law Questions and Answers
c. license law - Ans:✔✔-Chapter 339 of the Missouri Statutes is known as:
a. Law of agency
b. code of ethics
c. license law
d. administrative commission code
c. her commission would be based on her agreement with her broker - Ans:✔✔-A salesperson licensed
in another state but NOT in MO comes into MO and refers her brother to a RE company in MO to assist
him in the purchase of a home. The salesperson did this with the knowledge and permission of her
broker, and the salesperson's broker cooperated with a MO broker in the sale of the property. What
b. take his name and have a license return the call
c. give any info necessary since it is another broker and not a member of the general public
d. mail the broker info
b. Chapter 339 - Ans:✔✔-The license law is known as:
a. Chapter 11
b. Chapter 339
c. Chapter 7
d. Chapter 12
c. they would need a license and would only be able to accept compensation from their broker -
Ans:✔✔-A motel desk clerk gives the names of persons looking to purchase a home who are moving into
town to a salesperson friend in exchange for a referral fee. Which BEST describes the situation?
a. they would NOT need a license since their primary income comes from their salary
b. they had a license, they could accept referral fee from the salesperson
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