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TEXAS SAE REAL ESTATE BROKERAGE EXAM,
PRACTICE EXAM ,STUDY GUIDE AND REVIEW ALL IN
ONE SET ALL QUESTIONS AND WELL ELABORATED
ANSWERS LATEST VERSION ALREADY A GRADED
WITH EXPERT FEEDBACK | NEW AND REVISED
Executive Summary - (answers)Most business plans include a synopsis of the plan
as a whole, designed to be read by shareholders, lenders, and other third parties
with an interest in learning about the organization. What is this synopsis called?
An indication that the worker wont be treated as an employee. - (answers)Which
of these should a brokerage's independent contractor agreements include?
Brainstorming and focus groups are a big part of this style of management. -
(answers)Participatory
Who is behaving unethically in the following scenarios? - (answers)A licensee who
doesn't show potential buyers a home because he believes they aren't a cultural
fit.
Serious damage to the firm's brand or reputation can occur as a result of ______.
- (answers)A single large event or a pattern of smaller events
Which of these scenarios would best be solved with short-term financing? -
(answers)Your forecast shows that you won't be able to fully fund operations in
February and March, but the rest of the year looks great.
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A leader who displays the quality of being a visionary is able to do what? -
(answers)Look ahead at trends to meet future market demands
Which of the following gives employers the right to hire and fire people with or
without a reasonable cause? - (answers)The doctrine of employment-at-will
Forecasters predict a huge spring blizzard. Jarrod's not concerned about
operations because everyone could use a couple of days off, anyway. The snow
will melt eventually. What long-term issues could arise that would cause more
damage than Jarrod realizes? - (answers)Damage to the building from the storm
and melting snow could destroy Jarrod's office and records.
What's the last stage of a business life cycle? - (answers)Death
To be effective, the wording of a brokerage's code of ethics must be ______. -
(answers)Specific
What's the purpose of a firewall? - (answers)It prevents hackers from infecting
your system with viruses, worms, and malware.
Broker Jill is conducting the exit interview with one of her licensees, who is
heading to a larger brokerage. Which of the following is an appropriate exit
interview question for Jill to ask? - (answers)"What did you enjoy about working
here?"
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If a minor enters into a contract with an adult, which of the following is true? -
(answers)The minor may legally hold the adult to the contract, but the adult
cannot legally hold the minor to the contract.
Which of the following is an example of horizontal growth? - (answers)Adding a
commercial sales venture to a residential sales office
When is an agency disclosure form required? - (answers)Any time real estate
matters are discussed between an agent and a consumer
Which of these professional development opportunities is the best way for a
licensee to receive a quick introduction to a topic from an expert, or to dive more
deeply into an area with other experienced professionals? - (answers)Real Estate
Seminar
Why is it important to understand the needs of different generations? -
(answers)When you define your niche, you can appeal to the needs of the
generations in your market.
Jorge works at a firm where elected officers govern the affairs of the organization,
while a licensed broker, Shonda, is directly responsible for the real estate
transactions. The officers and Shonda are responsible to a large number of
stockholders. What type of legal structure is this? - (answers)Corporation
Broker Allen just had a licensee leave work screaming obscenities and shouting
about a dispute with another licensee. Allen needs to use one of his leadership
TEXAS SAE REAL ESTATE BROKERAGE EXAM,
PRACTICE EXAM ,STUDY GUIDE AND REVIEW ALL IN
ONE SET ALL QUESTIONS AND WELL ELABORATED
ANSWERS LATEST VERSION ALREADY A GRADED
WITH EXPERT FEEDBACK | NEW AND REVISED
Executive Summary - (answers)Most business plans include a synopsis of the plan
as a whole, designed to be read by shareholders, lenders, and other third parties
with an interest in learning about the organization. What is this synopsis called?
An indication that the worker wont be treated as an employee. - (answers)Which
of these should a brokerage's independent contractor agreements include?
Brainstorming and focus groups are a big part of this style of management. -
(answers)Participatory
Who is behaving unethically in the following scenarios? - (answers)A licensee who
doesn't show potential buyers a home because he believes they aren't a cultural
fit.
Serious damage to the firm's brand or reputation can occur as a result of ______.
- (answers)A single large event or a pattern of smaller events
Which of these scenarios would best be solved with short-term financing? -
(answers)Your forecast shows that you won't be able to fully fund operations in
February and March, but the rest of the year looks great.
,2|Page
A leader who displays the quality of being a visionary is able to do what? -
(answers)Look ahead at trends to meet future market demands
Which of the following gives employers the right to hire and fire people with or
without a reasonable cause? - (answers)The doctrine of employment-at-will
Forecasters predict a huge spring blizzard. Jarrod's not concerned about
operations because everyone could use a couple of days off, anyway. The snow
will melt eventually. What long-term issues could arise that would cause more
damage than Jarrod realizes? - (answers)Damage to the building from the storm
and melting snow could destroy Jarrod's office and records.
What's the last stage of a business life cycle? - (answers)Death
To be effective, the wording of a brokerage's code of ethics must be ______. -
(answers)Specific
What's the purpose of a firewall? - (answers)It prevents hackers from infecting
your system with viruses, worms, and malware.
Broker Jill is conducting the exit interview with one of her licensees, who is
heading to a larger brokerage. Which of the following is an appropriate exit
interview question for Jill to ask? - (answers)"What did you enjoy about working
here?"
, 3|Page
If a minor enters into a contract with an adult, which of the following is true? -
(answers)The minor may legally hold the adult to the contract, but the adult
cannot legally hold the minor to the contract.
Which of the following is an example of horizontal growth? - (answers)Adding a
commercial sales venture to a residential sales office
When is an agency disclosure form required? - (answers)Any time real estate
matters are discussed between an agent and a consumer
Which of these professional development opportunities is the best way for a
licensee to receive a quick introduction to a topic from an expert, or to dive more
deeply into an area with other experienced professionals? - (answers)Real Estate
Seminar
Why is it important to understand the needs of different generations? -
(answers)When you define your niche, you can appeal to the needs of the
generations in your market.
Jorge works at a firm where elected officers govern the affairs of the organization,
while a licensed broker, Shonda, is directly responsible for the real estate
transactions. The officers and Shonda are responsible to a large number of
stockholders. What type of legal structure is this? - (answers)Corporation
Broker Allen just had a licensee leave work screaming obscenities and shouting
about a dispute with another licensee. Allen needs to use one of his leadership
