California Real Estate Principles Exam with Questions and Answers Latest Update Already pass 100% ACCURATE

California Real Estate Principles
Exam with Questions and Answers

(1)h1.hThehRealhEstatehLawhishfoundhinhthe

a.hLicensinghCode
b.hBusinesshandhProfessionshCode
c.hHealthhandhSafetyhCode
d.hCorporationshCodeh-hCORRECThANSWER-BusinesshandhProfessionshCode

(1)h2.hThehRealhEstatehCommissionerhreportshtohthe

a.hCaliforniahBureauhofhRealhEstateh
b.hgovernor
c.hRealhEstatehAdvisoryhCommissionh
d.hlegislatureh-hCORRECThANSWER-governor

(1)h3.hSalespersonhSamhownsh25%hofhthehoutstandinghshareshofhRollohRealty,hInc.,han
dhbrokerhBarbarahRollohownshthehremaininghshares.hThishdivisionhofhownershiphis?

a.hacceptable
b.hmandated
c.hdiscouraged
d.hprohibitedh-hCORRECThANSWER-acceptable

(1)h4.hSalespersonhSamhishparthownerhofhRollohRealty,hInc.hInhthehbroker'shabsence,hS
amhfrequentlyhreviewshthehworkhofhsaleshassociates.hThishis?

a.hacceptable
b.hmandated
c.hdiscouraged
d.hprohibitedh-hCORRECThANSWER-prohibited

(1)h5.hAhrealhestatehbusinesshthathishahpartnershiphcanhhavehmorehthanhonehofficehloca
tion,hprovided

a.hahbrokerhpartnerhobtainshanhadditionalhlicensehforheachhlocation
b.hallhpartnersharehrealhestatehlicensees
c.htherehishahdesignatedhbroker-officerh
d.htherehishathleasthonehpartnerhatheachhlocationh-hCORRECThANSWER-
ahbrokerhpartnerhobtainshanhadditionalhlicensehforheachhlocation

,(1)h6.hThehsalehorhtransferhofhgoodshordinarilyhheldhforhsalehinhthehcoursehofhbusinesshi
shgovernedhinhCaliforniahbyhthe?

a.hBusinesshOpportunityhCode
b.hCommercialhTransferhLaw
c.hUniformhCommercialhCode
d.hRealhEstatehLawh-hCORRECThANSWER-UniformhCommercialhCode

(1)h7.hTodd,hanhofficerhofhAjaxhCorporationhandhnothahrealhestatehlicensee,hsuccessfully
hnegotiatedhthehpurchasehofhthehSmithhWidgethPlanthonhbehalfhofhAjax.hToddhreceivedh
ahcommissionhonhthehsalehinhadditionhtohhishnormalhsalary.hTodd

a.hdidhnothneedhahrealhestatehlicensehforhthehdeal
b.hshouldhhavehhadhahrealhestatehlicense
c.hishexempthfromhlicensinghrequirementsh
d.hNonehofhtheseh-hCORRECThANSWER-shouldhhavehhadhahrealhestatehlicense

(1)h8.hIfhahrealhestatehlicensehishNOThrenewedhbeforehithexpires,hthehlicensee?

a.hishallowedhtohcompletehtransactionshinhprogress
b.hishallowedhtohfinishhtransactionshthatharehsubstantiallyhcomplete
c.hmusthceasehallhrealhestatehactivitiesh
d.hmayhacthunderhauthorityhofhanotherhagent'shlicensehforhahperiodhnothtohexceedh60hd
aysh-hCORRECThANSWER-musthceasehallhrealhestatehactivities

(1)h9.hAhrealhestatehlicenseehcanhofferhahmobilehhomehforhsalehthathis?

a.hinhahmanufacturinghplant,hreadyhforhdelivery
b.htransportablehunderhanhexemptionhfromhthehvehiclehcode
c.hpresold
d.hinhahlocationhwherehithcanhlegallyhremainhforhonehyearh-hCORRECThANSWER-
inhahlocationhwherehithcanhlegallyhremainhforhonehyear

(1)h10.hThehBrownshdesperatelyhwanthtohmovehtohPinehBend,handhtheyhlikehthehSmithh
House,hwhichhishlistedhbyhbrokerhBob.hThehBrownshtellhBobhtheyhwillhmakehithworthhhis
hwhilehifhhehcanhpersuadehthehSmith'shtohaccepththehBrownhofferhonhtheirhhouse,handht
hehBrownshsendhanhexpensivehfoodhbaskethtohBobhashahsignhofhtheirhgoodhfaith.hBobhn
eglectshtohmentionhthishtohthehSmiths.hThishpracticehis

a.hacceptableh
b.hmandated
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-prohibited

(1)h11.hBrokerhBobhroutinelyhplaceshearnesthmoneyhdepositshinhhishpersonalhaccounthf
orhovernighthsafekeeping.hThishpracticehis

,a.hacceptableh
b.hmandated
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-prohibited

(1)h12.hBrokerhLuishhashanhexclusivehlistinghagreementhwithhthehPierces.hThehlistinghwil
lhterminateh"whenhthehpartieshagree".hThishpracticehis

a.hacceptableh
b.hmandatedh
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-prohibited

(1)h13.hWhenhbrokerhBobhexercisedhhishoptionhtohbuyhWhiteacre,hhehpresentedhtohtheh
ownerhofhWhiteacrehahwrittenhstatementhofhhishexpectedhprofithinhthehtransaction.hTheh
sellerhagreedhtohproceedhwithhthehsale.hThishconducthis

a.hacceptableh
b.hmandatedh
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-mandated

(1)h14.hMayahishahbroker-
officerhofhXYZhRealty,hInc.hShehdoeshnothlikehthehoverlyhaggressivehsaleshtactic'shofhX
YZ'shsalespeoplehbuthhashnothreprimandedhthemhbecausehbusinesshishsohgood.hMaya'
shconducthis

a.hacceptableh
b.hmandatedh
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-discouraged

(1)h15.hBrokerhBobhwantshtohhelphouthhishneighbor'shson,hIgor,hwhohrecentlyhacquiredh
ahBAhinhhistoryhfromhBackhEasthUniversity.hBrokerhBobhhireshIgorhtohshowhpropertyhtoh
prospectivehbuyers.hBecausehIgorhhashnohrealhestatehlicense,hBobhhandleshallhofhthehn
egotiating.hThishpracticehis

a.hacceptableh
b.hmandatedh
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-prohibited

(1)h16.hSalespersonhSallyhishsellinghthehMartinezhMansion.hAnhofferhhashbeenhaccepte
d,handhthehclosinghwillhtakehplacehinhtwohweeks.hWhilehthehownersharehouthofhtown,hthe

, hbuyerhaskshifhthehclosinghcanhbehputhoffhforhonehday.hSallyhagreeshonhbehalfhofhtheho
wners,hforhshehishsurehtheyhwillhnothobject.hSally'shconducthis

a.hacceptableh
b.hmandatedh
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-prohibited

(1)h17.hThehAndersonhhousehishforhsalehfollowinghthehmurderhofhMrs.hAndersonhbyhMr.
hAndersonhinhthehbreakfasthroomhsixhmonthshearlier.hSalespersonhSam,hshowinghanho
ut-of-
townhprospecththroughhthehhouse,hdecideshtohkeephinformationhabouththehmurderhtohhi
mself.hSam'shconducthis

a.hacceptableh
b.hmandatedh
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-prohibited

(1)h18.hBrokerhLuishishsohbusyhthathhehneverhhashthehtimehtohreturnhthehphonehcallshofh
hishprincipals.hHehprefershtohspendhhishtimehinhthehfieldhmakinghsaleshandhacquiringhne
whlistings.hThishpracticehis

a.hacceptableh
b.hmandated
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-discouraged

(1)h19.hAfterhattendinghahget-rich-
quickhrealhestatehseminar,hKimhwantshtohbuyhahhousehcheap.hShehtellshbrokerhBobhshe
hwillhofferh$50,000,hwithhsellerhfinancinghandhnohdownhpayment,honhthehHendersonhhou
se.hThehHendersonhhousehhashanhaskinghpricehofh$125,000.hBobhpresentshthehofferhwi
thhonehofhhishownhforh$85,000,htellinghthehHendersonshthaththehexpectedhmarkethcondit
ionshmakehtheirhaskinghpricehunrealistic.hHishconducthis

a.hacceptableh
b.hmandated
c.hdiscouragedh
d.hprohibitedh-hCORRECThANSWER-prohibited

(1)h20.hRudyhopenshhishbrokeragehofficehandhimmediatelyhplaceshanhadhinhthehlocalhne
wspaper:hListhYourhHousehwithhMehandhIhWillhPayhYouh$500hathclosing.hThishpracticehi
s

a.hacceptableh
b.hmandated