Unit 4 Practice Exam New Copy
This is a 15-question quiz. You should strive to get 12 questions (80%) correct. You can find the answers and rationales at the back of this textbook.
Quiz Summary
0 of 15 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 15 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 15
1. Question
Who authorizes an agent to handle business matters on his or her behalf?
CorrectIncorrect -
Question 2 of 15
2. Question
Which type of agent is authorized to act on all matters for his principal?
CorrectIncorrect -
Question 3 of 15
3. Question
The law presumes that a broker is acting as a
CorrectIncorrect -
Question 4 of 15
4. Question
The three authorized brokerage relationships under Florida law are
CorrectIncorrect -
Question 5 of 15
5. Question
Which is defined as a residential sale?
CorrectIncorrect -
Question 6 of 15
6. Question
Which situation requires that a sales associate give a brokerage relationship disclosure?
CorrectIncorrect -
Question 7 of 15
7. Question
A transaction broker is NOT required to
CorrectIncorrect -
Question 8 of 15
8. Question
A buyer asks a transaction broker why the sellers are moving. Which duty requires that the broker not disclose the information?
CorrectIncorrect -
Question 9 of 15
9. Question
Transaction brokers
CorrectIncorrect -
Question 10 of 15
10. Question
Which is NOT correct about single agents?
CorrectIncorrect -
Question 11 of 15
11. Question
A sales associate works in a realty company that is the single agent for a seller. The sales associate wants to show the property to a prospective buyer. Which choice is a legal way to accomplish this goal?
CorrectIncorrect -
Question 12 of 15
12. Question
Which is NOT a duty of a licensee with no brokerage relationship?
CorrectIncorrect -
Question 13 of 15
13. Question
Which is NOT a requirement for becoming a designated sales associate in a real estate transaction?
CorrectIncorrect -
Question 14 of 15
14. Question
A situation that allows one licensee in a realty company to be a single agent for the seller, and one licensee in the same firm to be a single agent for the buyer describes the brokerage relationship called
CorrectIncorrect -
Question 15 of 15
15. Question
A real estate broker must retain all documents for real estate transactions that result in a written contract to purchase and sell real property for
CorrectIncorrect