THE CE SHOP EXAM REVIEW
QUESTIONS WITH COMPLETE
ANSWERS
A managing broker is allowed, by Washington rules, to do certain tasks related to
licensee supervision, but only if those tasks are ______ by the designated broker. -
Answer-Delegated
Which of the following statements best describes Washington regulatory power? -
Answer-Regulations created by Washington administrative agencies are codified and
published and are enforced as law.
A branch manager in Washington must be licensed as a ______. - Answer-Managing
broker
What's codified and often carries the force of law without being a law? - Answer-
Regulation
Washington brokers must follow license laws and rules relative to the handling of
customer funds and ______. - Answer-Property
During a legal seminar at your brokerage firm, you hear your broker mention
Washington's RCW. What does this mean? - Answer-Revised Code of Washington
What is created and codified by the Washington Legislature? - Answer-The Revised
Code of Washington
The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
, The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
QUESTIONS WITH COMPLETE
ANSWERS
A managing broker is allowed, by Washington rules, to do certain tasks related to
licensee supervision, but only if those tasks are ______ by the designated broker. -
Answer-Delegated
Which of the following statements best describes Washington regulatory power? -
Answer-Regulations created by Washington administrative agencies are codified and
published and are enforced as law.
A branch manager in Washington must be licensed as a ______. - Answer-Managing
broker
What's codified and often carries the force of law without being a law? - Answer-
Regulation
Washington brokers must follow license laws and rules relative to the handling of
customer funds and ______. - Answer-Property
During a legal seminar at your brokerage firm, you hear your broker mention
Washington's RCW. What does this mean? - Answer-Revised Code of Washington
What is created and codified by the Washington Legislature? - Answer-The Revised
Code of Washington
The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
, The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
The Washington legislature passes a law requiring that any firm that accepts wire
transfers for closing funds provide a warning regarding potential wire fraud to customers
and clients. What steps does the real estate commission take? - Answer-Creates and
adopts regulations to indicate how firms are to implement the law.
Which of the following must be specifically delegated in order for a Washington branch
manager to perform it? - Answer-Handling trust accounts
What type of agency or organization creates and adopts Washington state regulations?
- Answer-Washington state administrative agencies, such as the real estate commission
