Reca practice - Study guides, Class notes & Summaries

RECA Fundamentals Exam questions with correct answers 100% correctWhich of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) Which of the following will occur to the ...

Explain the concept of market and market identification. - Answer A market is a group of consumers who have a common interest, need or want of a given good or service. This group of consumers also must be able to purchase the product. Identifying a market is an important activity in marketing as products will not appeal to everyone. Marketers identify markets' common interests by classifying consumer's demographic, geographic and psychographic information. Examples of this information i...

RECA Practice Exam (Residential)

RECA PRACTICE EXAM Questions With 100% Correct Answers Meridians and ranges are - answerLongitudal lines condominium (condo) - answerform of ownership with the owners holding legal title to their own housing unit among many, with common grounds and facilities shared ownership cooperatives (co-ops) - answer-buildings owned by corporations with the residents as shareholders who each receive a properietary lease on an individual unit and the right to use common areas Regarding condos- Indiv...

RECA PRACTICE EXAM QUESTIONS & ANSWERS 2023 ( A+ GRADED 100% VERIFIED)

A developer proposed a technological improvement to a product you sell. In his proposal, he tells you this improvement betters the product because it makes it safer for the customer to use it. Because of this, customer injuries should decrease. He tells you the value added to the product because of this new technology is substantial. What question should you ask to further make sure this technological advancement makes your product better? c. "What do our customers value?" What is m...

Reca Practice Again Exam Questions With Verified Answers When considering a buyer's qualifications , a lender will use the 5 " C's " to evaluate the borrower's ability to repay a loan . The 5 " Cs " are : Character , Capacity, Continuance Capital, Credit Capacity, Continuance, Capital, Collateral, Credit Capital, Credit, Collateral, Capacity, Character - answerCapital , Credit , collateral , Capacity , Character The definition of " amperage " is : The rate of electrical flow . ...

RECA PRACTICE EXAM QUESTIONS and answers 2023Meridians and ranges are - correct answer Longitudal lines condominium (condo) - correct answer form of ownership with the owners holding legal title to their own housing unit among many, with common grounds and facilities shared ownership cooperatives (co-ops) - correct answer -buildings owned by corporations with the residents as shareholders who each receive a properietary lease on an individual unit and the right to use common areas Regar...

Reca Practice Again MIDTERM EXAM 2024 QUESTIONS AND ANSWERS 100% CORRECT;Wilfrid Laurier University