Sales agents represent - Study guides, Class notes & Summaries

Here are the four major types of agency acts: - correct answer -Listing Buying Leasing Property Management TREC's purpose is to - correct answer -regulate educational and licensing programs that maintain standards AND interpret legislation that affects the real estate profession — primarily the Texas Real Estate License Act (TRELA). Integrity - correct answer -Satisfy to the commission (TREC) that the candidate meets and exceeds their character standards (honesty, trustworthiness, an...

IDIS 340 Final 115 Questions and Correct Answers 100% Verified 2024/2025 What is distribution? - Correct Answer Distribution is the activity of both selling and delivering products and services from manufacturer to the customer. Manfactuerer's Agent - Correct Answer - Usually represent companies whose sales in a territory do not support a full salaried employee - May call on distributors, end users, specifiers, and manufacturers - Complementary products - Do not typically stock inv...

Law of Agency – Exam Questions and Answers 100% Pass Duties of an Agent Obedience, Loyalty, Disclosure, Confidentiality, Accounting and Reasonable care - OLD CAR General vs. Special Agent General: has less authority than the universal agent. An individual has the right to represent his or her principal in a particular type of transaction or business. Special: the most limited of all the agency agent may perform only limited duties for the principal. Not able to bind (obligate) the principal...

PA Exam 3 with 100% Correct Answers 2023 Which of the following are NOT grounds in Pennsylvania for revoking a broker's license? A Being convicted of a felony B Agreeing with the seller to accept a commission that is more than the standard rate C Depositing an earnest money check into the broker's personal account D Advertising as a member of the Pennsylvania Association of Real Estate Professionals when the broker is not really a member - Correct Answer-B It is perfectly legal to agr...

The relationship of agents and their principals correct answers agency An agreement between a buyer and a broker for the broker to provide services to a buyer for compensation. The broker may be acting as a single agent, transaction broker, or a nonrepesentative. correct answers buyer brokerage agreement can be Condominiums, Cooperatives, Vacation and time-sharing, mobil home park lots, which owners belong and are responsible for; i.e. assessments, documents, dues, ect. correct answers Com...

PTCB EXAM TEST BANK QUESTIONS AND ANSWERS LATEST WITH RATIONALE Multiple choice What is the route of administration for a prescription with the following directions: "i supp pr q 6 hr prn"? A. Orally B. Rectally C. Urethrally D. Vaginall {{Correct Ans- B. Rectally Rationale: "pr" means per rectum. What is the meaning of PDA? A. Personal digital aid B. Personal digital assistant C. Physician digital assistant D. Pharmaceutical data assistant {{Correct Ans- B. Personal dig...

LIFE, HEALTH & VARIABLE ANNUITY (2-15 EXAM) QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 (100% Solved) An owner is worried that employees will help themselves to products on the shelf without paying for them. This is an example of what type of hazard? - CORRECT ANSWERS Moral Hazard Won't fly an airplane, never drives a car and keeps money out of the stock market is known as what type of risk ? - CORRECT ANSWERS Risk Avoidance Only pure risk is insurable. TRUE or FALSE? - CORRECT ANSWERS T...

LIFE, HEALTH & VARIABLE ANNUITY (2-15 EXAM) QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 (100% Solved) An owner is worried that employees will help themselves to products on the shelf without paying for them. This is an example of what type of hazard? - CORRECT ANSWERS Moral Hazard Won't fly an airplane, never drives a car and keeps money out of the stock market is known as what type of risk ? - CORRECT ANSWERS Risk Avoidance Only pure risk is insurable. TRUE or FALSE? - CORRECT ANSWERS T...

BA 303 Exam 3 Questions and Answers 100% Pass Channel Systems - Correct Answer ️️ -Major decision areas for designing channel systems 1. Types of intermediaries to use 2. Number of intermediaries to be included in the channel 3. Terms and responsibilities expected of channel members Types of Intermediaries - Correct Answer ️️ -1. Retailers 2. Wholesalers/Distributors 3. Manufacturer's Sales Office and Branches Retailers - Correct Answer ️️ -Retailing includes all activities...

Aceable Law of Agency Exam Review, Verified Solution Here are the four major types of agency acts: Listing Buying Leasing Property Management TREC's purpose is to regulate educational and licensing programs that maintain standards AND interpret legislation that affects the real estate profession — primarily the Texas Real Estate License Act (TRELA). Integrity Satisfy to the commission (TREC) that the candidate meets and exceeds their character standards (honesty, trustworthiness, a...