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EXPRESS) FINALEXAM | QUESTIONS & 1
g g g g g g
00% CORRECTANSWERS (VERIFIED) | L
g g g g g
ATEST UPDATE | GRADE A+g g g g
BrokergJaneghasgbeengaccusedgofgaglawgviolationgregardinggcommissions.gWhichgofgthe
followinggmightgresultginghergbeinggfoundgguilty?
g
A) Janegpaidgagcommissiongtogherglicensedgpersonalgassistant.
B) Janegpaidgagcommissiongtogthegwifegofgonegofgherglicenseesgwhogwasgrecentlygkilledgi
ngangautogaccident.gThegdeceasedglicenseeghadgearnedgthegcommissiongpriorgtoghisgde
ath.
C) Janegpaidgagcommissiongplusgagbonusgtogonegofgherglicensees.
D) JanegpaidgagcommissiongtogagFloridaglicenseegwhogisgnotglicensedgingGeorgiagf
orglicensinggactivitygingGeorgia.
CorrectgAnswer:g D)gJanegpaidgagcommissiongtogagFloridaglicenseegwhogisgnotglicense
dgingGeorgiagforglicensinggactivitygingGeorgia.
Anygsalespersongcanglegallygreceiveghergsharegofgthegcommissiongongagsalegfrom
A) hergemployinggbrokergonly.
B) anygcooperatinggbrokergwithgwhomgshegcompletesgagsale.
C) agbuildergshegrepresentsgingagsale
,D) thegpurchasergofgtheghomegingagsuccessfulgsale.
CorrectgAnswer:g A)ghergemployinggbrokergonly.
WhichgofgthegfollowinggisgNOTgagprotectedgclassgundergGeorgiagfairghousingglaw?
A) Sexualgpreference
B) Familialgstatus
C) Religion
D) Race
CorrectgAnswer:g A)gSexualgpreference
Syedgisganginactiveglicensee.gHegjustgmovedgtogagnewghomegacrossgtown.gWhatgmustgh
egdo?
A) CallgthegCommissiongandggivegitghisgnewgaddress.
B) Reportgthegaddressgchangegwhenghe'sgreadygtogreactivateghisglicense.
C) SendgagwrittengnoticegtogthegCommissiongwithing30gdays.
D) NotifygthegpostgofficegtogsendgagchangegofgaddressgnoticegtogthegCommission.
CorrectgAnswer:g C)gSendgagwrittengnoticegtogthegCommissiongwithing30gdays.
Howgmanyghoursgofgcontinuinggeducationgmustgaglicenseegcompletegforgeachgyeargofglic
ensure?
,A) 8ghours
B) 9ghours
C) 5ghours
D) 4ghours
CorrectgAnswer:g B)g9ghours
Glendagisgthegofficegmanagergforgaglocalgrealgestategfirm.gShegisgresponsiblegforgcoordi
natinggthegpaperworkgflowgthroughgthegoffice,gpreparinggadsgandgsupervisinggthegclerica
lgstaff.gGlendagis
A) requiredgtoghavegagsalesperson'sglicense.
B) violatingglicenseglaw.
C) requiredgtoghavegagbrokerglicense.
D) exemptgfromgtheglicenseglaw.
CorrectgAnswer:g D)gexemptgfromgtheglicenseglaw.
Harugisgworkinggwithghisgbuyersgtogdrawgupgagwrittengoffergongagpropertygtheygwantgtogp
urchase.gWhichgofgthegfollowinggitemsgisgnotgrequiredgingthegoffer?
A) Thegpropertygdescription
B) Thegmortgageglender
C) Thegmethodgofgpayment
D) Specialgstipulationsgthegoffergrequires
, CorrectgAnswer:g B)gThegmortgageglender
Keziagjustgboughtgandgclosedgongagnewghomegthatgcostg$195,000.ghergmortgagegamou
ntgisg$165,500.ghowgmuchgisgthegintangiblegrecordinggtaxgongKezia'sgproperty?
A) $585
B) $195
C) $165.50
D) $496.50
CorrectgAnswer:g D)g$496.50
*Angintangiblegrecordinggtaxgisgduegandgpayablegongeachginstrumentgsecuringgonegorgm
oreglong-termgnotesgatgthegrategofg$1.50gpergeachg$500
$165,500g÷g$500g=g331g3
31gxg$1.50g=g$496.50
SalespersongGordongrefusegtogacceptgangoffergtogpurchaseghisghomegfromgbuyergJua
ngValdezgofgColumbiagbecausegGordongfeelsgthegearnestgmoneygofg$100gisgnotgenou
gh.gWhichgofgthegfollowinggstatementsgaboutgGordon'sgrefusalgisgcorrect?
A) Gordongisgingviolationgofgfairghousingglawgbecauseghegdiscriminatedgongthegbasisg
ofgnationalgorigin.