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Legal Aspects Questions #3 with Correct Answers

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Legal Aspects Questions #3 with Correct Answers

Institution
California Legal Aspects Of Real Estate
Course
California Legal Aspects of Real Estate

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Legal Aspects Questions #3 with
Correct Answers


Ethics would be best described as




A. Obeying the law

B. Doing what is right

C. An agency duty


D. Treating all people the same - ANSWER✔️✔️-B. Doing what is right


(The Golden Rule)

In selling listings of another broker, a real estate salesperson is directly responsible to




A. His or her broker

B. The owner

C. The listing broker


D. The multiple-listing service - ANSWER✔️✔️-A. His or her broker



FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 1

, Which statement is NOT an IRS requirement for a real estate salesperson to be treated as an

independent contractor so that the employing broker can avoid withholding taxes and Social

Security contributions?




A. That the salesperson have a valid California real estate license

B. That reimbursement be based solely on sales and not on hours worked

C. That there be a written contract that the salesperson will be treated as an independent contractor

for tax purposes


D. That the salesperson work without supervision - ANSWER✔️✔️-D. That the salesperson work

without supervision

(Supervised by broker)

A broker would MOST likely be responsible to salespersons for




A. Unemployment compensation

B. Minimum wages

C. Worker's compensation


D. All the above - ANSWER✔️✔️-C. Worker's compensation


Commission disputes between a broker and salespeople would likely be referred to the




FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 2

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California Legal Aspects of Real Estate
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California Legal Aspects of Real Estate

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