TX Legal Update II (2024-2025) Final
Exam. Questions & Correct Answers.
Graded A+
"The employment of prudence and caution so as to avoid
misrepresentation, in any way, by acts of commission or
omission," is the definition of which Canon of Professional
Ethics and Conduct? - ANSIntegrity All of the following are in
the top five TREC complaint categories EXCEPT ______. -
ANSAppraisal Issues All of the following statements are true
about a VA loans EXCEPT: - ANSOnly a veteran can assume a VA
loan. Can a license holder's past complaint and disciplinary
record be taken into consideration in future complaints? -
ANSYes, in all cases For the purposes of posting the Consumer
Protection Notice, what is considered a business website? -
ANSA website that is accessible to the public where the content
is controlled by the license holder How long does a license
holder have to inform TREC of being found guilty of or pleading
guilty or nolo contendere of a felony? - ANS30 days
Exam. Questions & Correct Answers.
Graded A+
"The employment of prudence and caution so as to avoid
misrepresentation, in any way, by acts of commission or
omission," is the definition of which Canon of Professional
Ethics and Conduct? - ANSIntegrity All of the following are in
the top five TREC complaint categories EXCEPT ______. -
ANSAppraisal Issues All of the following statements are true
about a VA loans EXCEPT: - ANSOnly a veteran can assume a VA
loan. Can a license holder's past complaint and disciplinary
record be taken into consideration in future complaints? -
ANSYes, in all cases For the purposes of posting the Consumer
Protection Notice, what is considered a business website? -
ANSA website that is accessible to the public where the content
is controlled by the license holder How long does a license
holder have to inform TREC of being found guilty of or pleading
guilty or nolo contendere of a felony? - ANS30 days
