CA Real Estate Principles Test Aceable Agent
2025 REAL EXAM QUESTIONS |MOST TESTED
QUESTIONS AND CORRECT ANSWERS |100%
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Terms in this set (20)
In what code is the Real Business and Professions Code
Estate Law found?
Who does the Real Estate The governor
Commissioner Report to?
A salesperson owns 25% Acceptable
of the outstanding shares
of Rollo Reality Inc and
the broker owns the
remaining shares. Is the
division ownership
acceptable or
unacceptable?
A salesperson is part Prohibited
owner of Rollo Realty
Inc. In the broker's
absence, the salesperson
frequently reviews the
work of sales associates.
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, 4/10/25, 8:26 AM CA Real Estate Principles Test Aceable Agent 2025 REAL EXAM QUESTIONS |MOST TESTED QUESTIONS AND CORRECT…
A real estate business A broker partner obtains an additional license for
that is a partnership can each location
have more than once
office location, provided
what?
The sale or transfer of The Uniform Commercial Code
goods ordinarily held for
sale in the course of
business is governed in
CA by what?
An officer of Ajax Yes
Corporation who is not a
real estate license,
successfully negotiated
the purchase of Smith
Widget of behalf of Ajax.
The officer received a
commission on the sale in
addition to his normal
salary. Should the officer
of Ajax have had a real
estate license?
True or False: If a real False: The former licensee must cease all real estate
estate license is NOT activities until it is renewed
renewed before it
expired, the licensee may
act under authority of
another agent's license
for a period not
exceeding 60 days.
A real estate licensee can A location where it can legally remain for one year
offer a mobile home for
sale that is in what type
of location?
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