California Real Estate Principles
Practice Exam 2-A Questions &
Answers
C. Truth in Lending - correct answer ✔✔1 of 50 - Ensuring consumers are fully informed of all
finance changes and aware of the true annual interest rate are requirements of which
regulation?
A. Article 7
B. RESPA
C. Truth in Lending
D. Uniform Settlement Statement
C. Handwritten portions of real estate contracts always supersede preprinted forms. - correct
answer ✔✔2 of 50 - Patrice and Cornell are completing a sales contract with Mary, their agent.
The sales contract used at Mary's brokerage is preprinted. Mary, as a senior agent, has the
authority to waive one of the brokerage's fees. The fee is explained and preprinted on the
contract. Mary simply crosses it out, writes "waived," and both parties initial. Which overrules
the other? The preprinted or handwritten portions of the contract?
A. The preprinted portions of a contract always take precedence over handwritten.
B. It depends on the portion of the contract and the language involved.
C. Handwritten portions of real estate contracts always supersede preprinted forms.
D. None of the Above.
A. Misdemeanor - correct answer ✔✔3 of 50 - Elliot has misrepresented himself by acting in the
capacity of a real estate salesperson without being licensed by the State of California. Elliot had
, his license revoked three years ago for unethical actions. Elliot is guilty of what level of
violation?
A. Misdemeanor
B. Felony
C. Held accountable in a possible civil suit.
D. Both B and C
C. 45, four - correct answer ✔✔4 of 50 - The continuing education requirement in California is
____________hours every __________ years.
A. 45, six
B. 40, five
C. 45, four
D. 6, four
C. Multiple-Choice Tests - correct answer ✔✔5 of 50 - What is the form of California State Real
Estate licensing examinations?
A. True or False Tests
B. Essay Tests
C. Multiple-Choice Tests
D. All of the Above
C. Net Listing - correct answer ✔✔6 of 50 - Which of the following listing agreements is illegal in
most states?
Practice Exam 2-A Questions &
Answers
C. Truth in Lending - correct answer ✔✔1 of 50 - Ensuring consumers are fully informed of all
finance changes and aware of the true annual interest rate are requirements of which
regulation?
A. Article 7
B. RESPA
C. Truth in Lending
D. Uniform Settlement Statement
C. Handwritten portions of real estate contracts always supersede preprinted forms. - correct
answer ✔✔2 of 50 - Patrice and Cornell are completing a sales contract with Mary, their agent.
The sales contract used at Mary's brokerage is preprinted. Mary, as a senior agent, has the
authority to waive one of the brokerage's fees. The fee is explained and preprinted on the
contract. Mary simply crosses it out, writes "waived," and both parties initial. Which overrules
the other? The preprinted or handwritten portions of the contract?
A. The preprinted portions of a contract always take precedence over handwritten.
B. It depends on the portion of the contract and the language involved.
C. Handwritten portions of real estate contracts always supersede preprinted forms.
D. None of the Above.
A. Misdemeanor - correct answer ✔✔3 of 50 - Elliot has misrepresented himself by acting in the
capacity of a real estate salesperson without being licensed by the State of California. Elliot had
, his license revoked three years ago for unethical actions. Elliot is guilty of what level of
violation?
A. Misdemeanor
B. Felony
C. Held accountable in a possible civil suit.
D. Both B and C
C. 45, four - correct answer ✔✔4 of 50 - The continuing education requirement in California is
____________hours every __________ years.
A. 45, six
B. 40, five
C. 45, four
D. 6, four
C. Multiple-Choice Tests - correct answer ✔✔5 of 50 - What is the form of California State Real
Estate licensing examinations?
A. True or False Tests
B. Essay Tests
C. Multiple-Choice Tests
D. All of the Above
C. Net Listing - correct answer ✔✔6 of 50 - Which of the following listing agreements is illegal in
most states?
