TRELG - Maine Real Estate Exam Prep - Practice Test 1 questions with correct answers

An independent contractor is: A. A licensee operating a "business within a business" B. Given health benefits from the brokerage firm C. Not required to work 40 hours a week D. Both A and C CORRECT ANSWER D. Both A and C When considering which agency to join, a candidate who intends to be an independent contractor should consider the company Policy and Procedures Manual because it will address: A. What hour he must work. B. What health insurance and retirement benefits he gets. C. The agency relationship policies and practices of the company. D. Unemployment insurance for licensees with fewer than 4 transactions per year. CORRECT ANSWER C. The agency relationship policies and practices of the company. Which of the following real estate industry organizations has a Code of Ethics that is to be followed by industry members? A. REALTORS B. Multiple Listing Service