30 hours of a Brokers 150 hours must be in Broker Responsibilities? -
ANSWER✅
True
Quiz_________________?
A Bilateral Contract is also called a -
ANSWER✅
Synallagmatic Contract
Quiz_________________?
A bond for deed may be canceled for default by filling a notice in the legal record after -
ANSWER✅
45 days of default
Quiz_________________?
1
, A broker designated by a corporation to be the representative before the commission is
known as -
ANSWER✅
The Qualifying Broker
Quiz_________________?
A Broker must have how many hours of pre-license education? -
ANSWER✅
150 hours
Quiz_________________?
A broker must have written authority from a home owner to advertise? -
ANSWER✅
True
Quiz_________________?
A Broker that work for another broker is called -
ANSWER✅
An associate broker
Quiz_________________?
A buyer does not get the right Redhibition if the defects are easily noticed by visual
inspection? -
ANSWER✅
True
2
, Quiz_________________?
A charge on real OR personal Property for the benefit of a PERSON is -
ANSWER✅
Personal Servitude
Quiz_________________?
A Contract based on fraud is -
ANSWER✅
Relatively Null (or Voidable)
Quiz_________________?
A contract in which a party is obligated for the benefit of the other but receives no
advantage in return is a -
ANSWER✅
Gratuitous contract
Quiz_________________?
A contract in which the parties give to each other a thing other than money is an -
ANSWER✅
Exchange
Quiz_________________?
3
, A contract in which the party who accepts the obligation of the other but does not require
a reciprocal obligation is called a -
ANSWER✅
Unilateral Contract
Quiz_________________?
A contract that violates a public order is -
ANSWER✅
Absolutely Null (or illegal)
Quiz_________________?
A contract with no deposit of money is a -
ANSWER✅
specific performance contract
Quiz_________________?
A Conveyance signed by the parties but not before a notary is called a -
ANSWER✅
Act under private signature
Quiz_________________?
A copy of documents that a client SHOULD HAVE but did NOT necessarily sign must be
given -
ANSWER✅
Within 5 (five) days
4