Colibri Real Estate Practice Questions & Answers 100% Verified!

Which of the following statements is not true? - ANSWER-A broker is not responsible for the acts of independent contractors. Which of these statements is true? - ANSWER-Salespersons must perform all of their activities on behalf of their employing broker. Which of the following circumstances would concern you about working for Broker John? - ANSWER-John expects his agents to spend 5 hours a week on unsupervised telephone duty. Which of the following is not a national real estate trade organization? - ANSWER-CAR Alice has decided that she will specialize in selling farm land. Which area of specialization would she fall into? - ANSWER-Type of property Which of the following is NOT a condition of the safe harbor test? - ANSWER-Gross income must be based on hours worked. A shopping center would be primarily categorized as what type of property? - ANSWER-Commercial All of the following are true statements about goals except which one? - ANSWER-Once you set a goal you should never change it. Broker Alice has hired several independent contractors in her firm. Which of these activities does she have control over? - ANSWER-What percent of commission the licensees can charge. If a broker receives a deposit check with a purchase contract, which of these is he not allowed to do? - ANSWER-Deposit into the brokerage business account. A person who believes he or she has been discriminated against has how long from the time of the alleged violation to file a suit in a state or federal court? - ANSWER-24 months