Disclosure answer th - Study guides, Class notes & Summaries

FLORIDA REAL ESTATE U FINAL EXAM LATEST ACTUAL EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ What does a real estate agent do? - ANSWER-Find a tenant for a property for a fee. Who must be paid compensation for completing a BPO? - ANSWER-Broker Who is a Florida resident according to FREC? - ANSWER-A person who resides in Florida at least 4 months in the past year. Who is exempt from the post-licensing (45hr) requirement? - ANSWER-Individuals wi...

RECA Exam Study Questions with correct Answers Carl, a real estate professional, is registered with Prime Plus Real Estate Ltd. He has listed his brother's house for sale with the brokerage. A real estate professional with another brokerage contacts Carl and asks to preview the property as she has a potential buyer. What level of disclosure must Carl provide? -Answer-Disclosure level 1 When evaluating an ethical dilemma, the first step is awareness. An individual may become aware of an et...

Building Permit - Answer-Written governmental permission for the construction, alteration, or demolition of an improvement, showing compliance with building codes and zoning ordinances. Police Power - Answer-The state's inherent authority to create and adopt regulations necessary to protect the public health, safety and general welfare of the citizenry. Buffer Zones - Answer-Areas such as landscaped parks and playgrounds used to separate and screen residential areas from nonresidential ar...

Who appoints members of the DC Real Estate Commission? The commission executive director The DC Council chairperson The mayor The outgoing commissioners The mayor Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants her to make an offer on the property on his behalf. Jersey considers her personal interest in the property too minor to bother disclosing it. Is this a violatio...

Financial Accounting for MBAs Learning Objectives – Coverage by question True/False Multiple Choice LO1 – Explain and assess the four main business activities. LO2 – Identify and discuss the users and suppliers offinancial statement information. 1- 4 1, 2 LO3 – Describe and examine the four financial statements, and define the accounting equation. LO4 – Explain and apply the basics of profitability analysis. LO5 – Assess business operations within the contextof a com...

Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete All Chapters 2024. Shareholders demand financial information primarily to assess profitability and risk whereas bankers demand information primarily to assess cash flows to repay loan interest and principal. Answer: True Rationale: While both shareholders and bankers are interested in all the information companies provide, shareholders care about more about a company’s profitability and bankers care more about solv...

Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete (VERIFIED). Which of the following groups would likely not be interested in the financial statements of a large public company such as Procter & Gamble? A) Shareholders B) Employees C) Competitors D) Taxing agencies E) None of these are correct Answer: E Rationale: All of these parties would use the financial statements, albeit in different ways and for different purposes. Topic: Users of Financial Statement In...

HECM Test Exam Questions And Revised Correct Answers 2024 A borrower got her HECM loan many years ago when the lending limit for her county was $600,000. Her home is appraised for $800,000. What is the most her repayment of the loan could be? A. $600,000 B. $800,000 C. 75% of appraised value D. Net proceeds from selling the home - ANSWERS D A borrower has a $200,000 home value. What is the likely upfront cost added to the loan balance at closing? (Revisit. Where is the formula?) A...

Characteristics of a Profession OBJECTIVES After reading this chapter, the student should be able to: ■ Explain the qualities associated with a profession ■ Diff erentiate between a job, a vocation, and a profession ■ Discuss professional behaviors ■ Determine the characteristics associated with nursing as a profession ■ Explain licensure and certifi cation ■ Summarize the relationship between social change and the advancement of nursing as a profession OUTLINE ...

Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete VERIFIED ANSWERS. Shareholders demand financial information primarily to assess profitability and risk whereas bankers demand information primarily to assess cash flows to repay loan interest and principal. Answer: True Rationale: While both shareholders and bankers are interested in all the information companies provide, shareholders care about more about a company’s profitability and bankers care more about solv...