Brokerage Set 1 Question and answers already passed

Brokerage Set 1 Question and answers already passed A budget ______ means that you've overspent your overall budget. Deficiency Deficit Overage Overrun - correct answer Deficit - You've spent more than you've earned What type of analysis can help you decide what office systems are best for your brokerage? Financial Analysis Market Analysis Survey of popular office systems by other brokerages Workflow Analysis - correct answer Market Analysis Belinda is a licensee whose client asked her to draft an addendum containing complicated terms that even Belinda doesn't fully understand. Belinda should ______. Avoid unauthorized practice of law Hire and attorney Refuse to work with his client Use legalese - correct answer Avoid unauthorized practice of law Which type of compensation plan benefits inexperienced real estate agents the most? Employee salary Independent contractor with high commission split Independent contractor with hourl