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CSP Exam Review Questions and answers, graded A+/ verified. Safety - -The state of being relatively free from harm, danger, injury, or damage Risk - -A measure of both the likelihood(probability) and consequences(severity) of all hazards of an activity or action What are two aspects of Risk? - -The measure of probability and severity The five steps of the risk management process? - -1. Risk Identification 2. Risk analysis 3. Risk elimination or reduction 4. Financing risk 5. Administ...

CSP exam test Review Questions and answers, graded A+/ verified/ PDC calculation - -PDC = (# of unique days with supply / number of days in a period) x 100 Which medication is a Jak inhibitor? a. Humira (adalimumab) b. Orencia (abatacept) c. Actemra (toclizumab) d. Xeljanz (tofacitinib) - -d. Xeljanz (tofacitinib) Which medication can elevate cholesterol? a. Actemra (toclizumab) b. Enbrel (etanercept) c. Simponi (golimumab) d. Kineret (anakinra) - -a. Actemra (toclizumab) Which shi...

CSP Study Guide Review Questions and answers, rated A+/ Algorithm - -A precise sequence of instructions for processes that can be executed by a computer High Level Programming Language - -A programming language with many commands and features designed to make common tasks easier to program. Low Level Programming Language - -A programming language that captures only the most primitive operations available to a machine Iterate - -To repeat in order to achieve, or get closer to a desired go...

CONTRACTS & REGULATIONS SECTION 7: COLORADO LISTING CONTRACTS QUESTIONS AND ANSWERS. VERIFIED. a Brokerage firm and a seller A listing contract is the employment contract between who and who? No unless the employing broker gives you permission If you leave one brokerage & join another, are you allowed to take your active listings with you? acting only as a transaction-broker Colorado listing contract may be oral if the broker is ___________________________________ Otherwise it must be ...

COLORADO TEST CONTRACT EXAM REVIEW QUESTIONS AND ANSWERS. 100% ACCURATE. The Colorado Real Estate Commission requires subdivision registration for all of the following EXCEPT: A- residential time-shares. B- residential apartment-to-condominium conversions. C- bulk land sales between developers. D- properties subdivided into 20 or more residential lots. C - bulk land sales between developers. The Exclusive Right-to-Buy contract provides for payment of the brokerage firm's fee by optiona...

COLORADO SURPLUS LINES TEST EXAM REVIEW QUESTIONS AND ANSWERS, VERIFIED. Not all surplus lines are subject to a diligent search. T/F - -False Each policy renewal is subject to a new diligent search. T/F - -True How often are surplus line producers required to submit an activity report? - -Monthly, Due on 15th Which surplus lines policies are required to contain the nonadmitted disclosure statement? - -All, and some might require additional disclosures if they are claims-made policies, au...

COLORADO PSI REAL ESTATE PRACTICE TEST QUESTIONS AND ANSWERS, 100% ACCURATE. GRADED A+/ Legal descriptions using the government survey system are NOT generally used in - -the original 13 states. Real property can be converted to personal property by - -severance A homeowner is willing to let his neighbor park an RV in his backyard. He does NOT want to make the permission permanent in case he dislikes others who might move next door in the future. What should he give his neighbor? - -A...

COLORADO REAL ESTATE- STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Who usually deposits the earnest money check into escrow after a contract has been accepted? - - Listing Broker The licensee buy-out addendum must be used under all of the following conditions except: - -When a licensee is purchasing the property as a rental investment. What is the purpose of the real estate commission in Colorado? - -to protect the public As a buyer agent under an exclusive r...

COLORADO REAL ESTATE CONTRACTS AND REGULATIONS EXAM QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Doctrine of Prior Appropriation: - -A theory of water law based on the principle, restated as "first in time is first in right" that regards the right to divert water from a water source. When writing a contract, you may be asked by the Buyer to use a note for earnest money. The Commission has created an _____________________ that you can use but most sellers will not agree to that. However,...

COLORADO REAL ESTATE EXAM - STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ A real estate broker filling out a listing agreement finds that there is not enough room for the legal description. The broker may: - -Attach the legal description as information may be added outside the body of the contract A licensee may accept compensation from: - -The licensees employing broker only When a licensee uses a licensee buyout addendum you are putting the seller on notice...