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1. It's budget-friendly for the brokerage when a large, physically
dispersed audience is involved. - ANSWER ✔ Although training
delivered via a recorded webinar may not be very engaging for a
learner, it does have one advantage over other training delivery
methods. What is it?
2. Leave clients unattended in the office. - ANSWER ✔ Everything
in your office is potentially at risk from thieves and other
criminals. Because of this, what should you never do?
3. Client data can be exposed when a brokerage's computer system is
compromised. - ANSWER ✔ Technology poses risks for everyone,
but real estate licensees need to be especially careful. Which of the
following is true about risks related to computer systems?
,4. Estoppel - ANSWER ✔ Which of the following has the legal effect
of preventing a person from making a claim based on her prior
behavior or statements?
5. Building codes and standards - ANSWER ✔ If a developer wishes
to make FHA loans available to future buyers, what must she keep
in mind when working on a development
6. To form a larger company that is more competitive - ANSWER ✔
Which of the following is a good reason to merge with or acquire
another company?
7. The strengths, weaknesses, opportunities, and threats facing a
business - ANSWER ✔ What is a SWOT analysis useful for
determining?
8. You and your staff - ANSWER ✔ Who has the best information
about your firm's operations to assist in writing your disaster
recovery plan?
9. The number of licensees to use - ANSWER ✔ Which of the
following is one of the key decisions a brokerage makes when
deciding how to staff the sales force?
10. This is a valid reason to terminate the licensee's affiliation
with the broker. - ANSWER ✔ Broker Craig fires salesperson
, Enrique for violating a provision of the license law. Which of the
following is true of this situation?
11. Due to circumstances beyond their control, the parties can't
legally or practically do what they've agreed to do. - ANSWER ✔
In which of the following scenarios is impossibility of contract
performance occurring?
12. Employment Level - ANSWER ✔ Which of the following
demographic data points would a brokerage be most interested in
when evaluating a market?
13. Management Style - ANSWER ✔ When discussing a merger,
what would corporate cultural fit relate to?
14. Line (Judy has line authority because she's directly
responsible for achieving the company's financial goals.) -
ANSWER ✔ As manager of the sales team, Judy has direct
responsibility for reaching the company's financial goals. What
type of authority does Judy have?
15. Is she interested in promotion?
Before spending time to evaluate Harriet's skills related to
promotion, managers should find out if Harriet is even interested in
being promoted. - ANSWER ✔ Harriet is a hard worker. Of all of
the unlicensed staff, she receives the most consistently positive
evaluations from her boss. She's the face of the firm, greeting