UPDATED ACTUAL Exam Questions and
CORRECT Answers
An Injunction - CORRECT ANSWER - The remedy in which a person is ordered to cease
and desist from an activity known as.
A Quiet Title Action - CORRECT ANSWER - A legal action brought in order to
determine ownership rights in real property would be
Superior Courts - CORRECT ANSWER - Most real estate disputes are adjudicated in
Civil Law - CORRECT ANSWER - The Equal Credit Opportunity Act is best described as
Real Property - CORRECT ANSWER - There is no uniform code for sales of
Business and Professions Code - CORRECT ANSWER - The regulation of real estate in
licensees is covered in the
Specific Performance (Ch 1 ) - CORRECT ANSWER - When a court forces a party to
perform as agreed, this is known as
Monetary Damages - CORRECT ANSWER - Equitable remedies would include all of the
below EXCEPT
Arbitration is binding upon the parties whereas meditation is not - CORRECT ANSWER -
The principal difference between arbitration and mediation is that.
, Right to appeal to a jury trial - CORRECT ANSWER - Of the following, which would
NOT be considered an advantage of voluntary arbitration?
Liquidated Damages (Ch 1 ) - CORRECT ANSWER - When parties agree beforehand on
what the remedy will be for breach of a contract, this is known as
Compensatory Damages (Money) - CORRECT ANSWER - Money damages to cover the
loss for an injury sustained are known as
State Statues - CORRECT ANSWER - Laws governing ownership rights are set forth in
Non binding dispute resolution - CORRECT ANSWER - Mediation could be described as
Civil Law - CORRECT ANSWER - Our system of statutes in California could be
described as
Exemplary Damages - CORRECT ANSWER - Damages awarded by a court in excess of
actual damages suffered by a plaintiff known as
The Superior Court ($100,000) - CORRECT ANSWER - The court that has original
jurisdiction regarding a claim in the amount of $100,000 would be
The defendant commences the action with a complaint - CORRECT ANSWER - Which of
the below statements about lawsuits is NOT correct?
Stare decisis - CORRECT ANSWER - Reliance on previous decisions is best described as
The First Amendment - CORRECT ANSWER - Which constitutional amendment allows a
homeowner to place a For Sale sign on his or her home.