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CA Real Estate Principles Test Aceable
Agent Exam Questions And Answers |Latest
2025 | Guaranteed Pass
In what code is the Real Estate Law found? - Answer✔Business and Professions Code
Who does the Real Estate Commissioner Report to? - Answer✔The governor
A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the broker owns the
remaining shares. Is the division ownership acceptable or unacceptable? - Answer✔Acceptable
A salesperson is part owner of Rollo Realty Inc. In the broker's absence, the salesperson
frequently reviews the work of sales associates. This is: - Answer✔Prohibited
A real estate business that is a partnership can have more than once office location, provided
what? - Answer✔A broker partner obtains an additional license for each location
The sale or transfer of goods ordinarily held for sale in the course of business is governed in CA
by what? - Answer✔The Uniform Commercial Code
An officer of Ajax 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
1
CA Real Estate Principles Test Aceable
Agent Exam Questions And Answers |Latest
2025 | Guaranteed Pass
In what code is the Real Estate Law found? - Answer✔Business and Professions Code
Who does the Real Estate Commissioner Report to? - Answer✔The governor
A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the broker owns the
remaining shares. Is the division ownership acceptable or unacceptable? - Answer✔Acceptable
A salesperson is part owner of Rollo Realty Inc. In the broker's absence, the salesperson
frequently reviews the work of sales associates. This is: - Answer✔Prohibited
A real estate business that is a partnership can have more than once office location, provided
what? - Answer✔A broker partner obtains an additional license for each location
The sale or transfer of goods ordinarily held for sale in the course of business is governed in CA
by what? - Answer✔The Uniform Commercial Code
An officer of Ajax 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
1
