- Study guides, Class notes & Summaries

NC Post-Licensing 302 - Unit Test Questions With Correct Answers

-

76 pages

Written in 2025/2026

Grade A+

Lectphilip

Classifying contracts: Express & Implied - ANS Express: Bilateral, executed Intentions stated (orally or written) Implied: Unilateral, executory Inferred from conduct or actions Classifying contracts: Bilateral & Unilateral - ANS Bilateral - two promises (both parties bound to do something) Unilateral - Only one party is bound Classifying Contracts: Executed & Executory - ANS Executed - All tasks performed (After closing) Executory - tasks remaining to be done (before closing) Statute...

-

39 pages

Written in 2024/2025

Grade A+

Brainbarter

NC 302 Post Licensing Exam Questions and Answers 100% Pass Classifying contracts: Express & Implied - Express: Bilateral, executed Intentions stated (orally or written) Implied: Unilateral, executory Inferred from conduct or actions Classifying contracts: Bilateral & Unilateral - Bilateral - two promises (both parties bound to do something) Unilateral - Only one party is bound Classifying Contracts: Executed & Executory - Executed - All tasks performed (After closing) 2Katelyn Whitm...

-

54 pages

Written in 2024/2025

Grade A+

KatelynWhitman

Classifying contracts: Express & Implied  Express: Bilateral, executed Intentions stated (orally or written) Implied: Unilateral, executory Inferred from conduct or actions Classifying contracts: Bilateral & Unilateral  Bilateral - two promises (both parties bound to do something) Unilateral - Only one party is bound Classifying Contracts: Executed & Executory  Executed - All tasks performed (After closing) Executory - tasks remaining to be done (before closing) 2 0 2 4 /2...

-

54 pages

Written in 2024/2025

Grade A+

ScholarsAscend

Uniform Electronic Transactions Act (UETA)  (NC) UETA: Legislation validates electronic contracts / other documents / and signatures. Provides that they will not be denied validity & enforce-ability solely b/c they are in electronic form. (Federal) E-Sign: Validates electronic contracts & signatures in transactions & provides they will not be denied validity & enforce-ability solely b/c they are in electronic form. Offer to Purchase & Contract  (Form 2-T) The most common type ...

-

12 pages

Written in 2024/2025

Grade A+

ScholarsAscend

In a real estate transaction, which of the following is an example of consideration?  The seller's promise to sell Your automatic check writer wrote a check for $51.50, but your printer ran out of toner, so you had to fill in the handwritten line. In a hurry, you accidentally wrote, "Fifty-one dollars and no/100 cents." Which amount takes priority?  The handwritten number Morgan has agreed to sell his home to Dierks, and they've signed a contract. Which of these actio...

-

94 pages

Written in 2024/2025

Grade A+

ScholarsAscend

Commercial Real Estate Broker Lien - CORRECT ANSWER️ available only to listing broker, is NOT superior to mechanics lien, Must be filed for sales: within 30 days prior to closing; Leases: within 60 days after due date of payment Limited Non Resident Commercial License - CORRECT ANSWER️ Must reside in another state or US territory , PERON must hold an active license in a "qualifying state" , Two years experience NOT required.

-

320 pages

Written in 2024/2025

Grade A+

tevstudy234

Nc 302 P0St- Licensing Contracts&Closing Exam (Actual Exam) Questions And Correctly Well Defined Answers Latest 2024 Already Graded A+

-

18 pages

Written in 2024/2025

Grade A+

NurseLNJ

Classifying contracts: Express & Implied - Answer-Express: Bilateral, executed Intentions stated (orally or written) Implied: Unilateral, executory Inferred from conduct or actions Classifying contracts: Bilateral & Unilateral - Answer-Bilateral - two promises (both parties bound to do something) Unilateral - Only one party is bound Classifying Contracts: Executed & Executory - Answer-Executed - All tasks performed (After closing) Executory - tasks remaining to be done (befor...

-

25 pages

Written in 2023/2024

Grade A+

Greaterheights