Illinois

Who is it that says that we can't lie to get financial information from a person? CORRECT ANSWER 'Mister GLB' Gramm-Leach-Bliley Act since 1999 What is a consumer report? CORRECT ANSWER A pre-employment background check that looks at criminal and civil records, driving records, civil lawsuits, and any other info obtained by the Consumer Reporting Agency (CRA) *requires the applicants written consent* What type of fire extinguisher would you use on a flammable liquid fire, like a greas...

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Illinois Real Estate Practice Exam Questions and Answers Graded A Objectives of Federal Reserve System To counteract inflationary and deflationary trends, to create a favorable economic climate, to maintain sound credit conditions but NOT to control the secondary mortgage market Remainder Interest A fee simple holder of a parcel of real estate grants a life estate to her daughter and stipulates that upon the daughters death, the property will pass to her grandson. The se...

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