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LEGAL ASPECTS OF REAL ESTATE FINAL EXAM QUESTIONS WITH COMPLETE SOLUTIONS

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LEGAL ASPECTS OF REAL ESTATE FINAL EXAM QUESTIONS WITH COMPLETE SOLUTIONS In a listing agreement for the sale of four or less residential units, a broker's commission must: - Answer-be negotiable between the seller and the broker. In a mediation process: - Answer-A neutral person facilitates communication. A mutually satisfying agreement is the goal. In a non-adjudicative process, parties: - Answer-resolve disputes voluntarily. In a smaller community with zoning issues, the cit...

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LEGAL ASPECTS OF REAL ESTATE (FINAL EXAM) QUESTIONS WITH VERIFIED ANSWERS

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LEGAL ASPECTS OF REAL ESTATE (FINAL EXAM) QUESTIONS WITH VERIFIED ANSWERS The state government's power to adopt and enforce laws for the protection of the public health, safety, morals, and general welfare is called: A. inverse condemnation B. police power C. enactment power D. power of eminent domain - Answer-B Under state law, when property is leased without a termination date and the rental period is not specified, the rental period is determined by: A. the frequency of th...

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LEGAL ASPECTS OF NURSING EXAM QUESTIONS WITH CORRECT ANSWERS GRADED A

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LEGAL ASPECTS OF NURSING EXAM QUESTIONS WITH CORRECT ANSWERS GRADED A Registration by Reciprocity - Answer-• means mutuality in the grant and enjoyment of privileges between persons or nations. • It is a relation established by law, treaty or agreement between two countries or states, whereby each country or state grants to citizens of each other, the privilege of being admitted to the practice of the profession within their respective territorial jurisdictions Registration by Reciproc...

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LEGAL ASPECTS OF REAL ESTATE - FINAL EXAM QUESTIONS AND ANSWERS

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LEGAL ASPECTS OF REAL ESTATE - FINAL EXAM QUESTIONS AND ANSWERS administration of estates - Answer-a general term used to describe the management and settlement of a decedent's estate by a person appointed by the courts probate - Answer-proof that an instrument is genuine and the last will and testament of the maker Recording Statutes - Answer-laws that require the entry into books of public record, the written instruments affecting the title to real property; all documents should be...

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LEGAL ASPECTS OF REAL ESTATE FINAL EXAM QUESTIONS WITH ALL CORRECT ANSWERS

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LEGAL ASPECTS OF REAL ESTATE FINAL EXAM QUESTIONS WITH ALL CORRECT ANSWERS Which of the following is not always a requirement for a valid contract? A. Consideration B. Contractual capacity C. In writing D. Mutual consent - Answer-C Explanation: Not every contract is subject to the statute of frauds, and so not every contract needs to be in writing. Isabel wins a judgment for $100,000 in Kern County Superior Court. She can: A. file a judgment lien in Kern County against any property th...

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LEGAL ASPECTS EXAM TEST BANK QUESTIONS WITH CORRECT ANSWERS GRADED A

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LEGAL ASPECTS EXAM TEST BANK QUESTIONS WITH CORRECT ANSWERS GRADED A Who has the power to restrict, suspend or revoke a real estate license? a. Commissioner b. Commission Board c. Courts d. Real Estate Advisory Committee - Answer-a. Commissioner Broker Barry wanted to be sure that all of his sales associates charged the same percentage when they obtained listings from sellers, so he had his standard commission fee printed in a ll of the company's listing agreements. Is this a viola...

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LEGAL ASPECTS EXAM QUESTIONS WITH ALL CORRECT ANSWERS GRADED A

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LEGAL ASPECTS EXAM QUESTIONS WITH ALL CORRECT ANSWERS GRADED A What is an injunction in contract law? - Answer-A court order preventing a party from doing something prohibited by the contract. Pre Employment Matter - Answer-1. Job descriptions 2. Advertising 3. Application Forms and Interviews 4. Statements made during hiring The Control Test - Answer-1. Does the employer have authority to select individuals hired by the worker? 2. Does the employer decide the payment scheme? 3...

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LEGAL ASPECTS FLASHCARDS EXAM QUESTIONS WITH CORRECT ANSWERS

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LEGAL ASPECTS FLASHCARDS EXAM QUESTIONS WITH CORRECT ANSWERS What is a "Novation" in contracts? - Answer-The extinguishment of an obligation by modifying its terms, substituting the debtor, or changing the object. How does a contract become extinguished through "Condonation"? - Answer-When a creditor waives their right and forgives the debt or obligation. What are the elements of negligence? - Answer-Act/Omission, Fault or Negligence, Damage, No pre-existing contractual relat...

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LEGAL ASPECTS EXAM QUESTIONS WITH ALL CORRECT ANSWERS (GRADED A+)

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LEGAL ASPECTS EXAM QUESTIONS WITH ALL CORRECT ANSWERS (GRADED A+) What Rights only apply to sequential conveyances? - Answer-Junior , Senior Subdivisions are created by using - Answer-Graphically , Plats _____within a subdivision are often separated by roadways - Answer-Blocks A widely used phrase in legal descriptions is : - Answer-Beginning at a Point 7. Always pull the _____ before beginning a subdivision or PLSS re - survey - Answer-Plat If the description is not valid , you ...

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LEGAL ASPECTS EXAM TEST BANK QUESTIONS WITH ALL CORRECT ANSWERS

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LEGAL ASPECTS EXAM TEST BANK QUESTIONS WITH ALL CORRECT ANSWERS Covenants, conditions and restrictions (CC&Rc) - Answer-Restricted covenants on how parcels of property may be used are contained in a document. Affirmative covenant - Answer-A recorded restriction limiting the use of a property to a specific purpose. Unreasonably restricts the marketability of a property, prohibits ownership a certain race, or is not uniformly observed, and enforced against all prior violators. - Answer-A r...

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LEGAL ASPECTS EXAMINATION QUESTIONS WITH CORRECT ANSWERS

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LEGAL ASPECTS EXAMINATION QUESTIONS WITH CORRECT ANSWERS Which of the following is not always a requirement for a valid contract? - Answer-In writing CERCLA's Superfund is designed to: - Answer-Pay cleanup contractors when a potentially responsible party cannot be located or avoids financial liability Juan grants his house to his sister, Maria, for the rest of her life. Upon her death, the property will go to his so, Guillermo. Guillermo is the: - Answer-Remainderman Compared to th...

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LEGAL ASPECTS EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS

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LEGAL ASPECTS EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS c. Constructive notice - Answer-What type of notice does recording any conveyance pertaining to real property give to subsequent purchasers and mortgagees? a. Actual notice b. Adequate notice c. Constructive notice d. Notice of default b. Ensure fair and equitable closings. - Answer-What is the main purpose of Real Estate Law? a. Determine ownership of real property with concurrent owners. b. Ensure fair and equitable cl...

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Bundle For C963 PRE-ASSESSMENT EXAM QUESTIONS WITH CORRECT A GRADED ANSWERS

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C963 PRE-ASSESSMENT EXAM QUESTIONS WITH CORRECT A GRADED ANSWERS 2 Exam (elaborations) C963 PRE-ASSESSMENT EXAM REVIEW QUESTIONS WITH CORRECT ANSWERS 3 Exam (elaborations) C963 PRE-ASSESSMENT QUIZ TEST QUESTONS WITH CORRECT ANSWERS 4 Exam (elaborations) C963 PRE-ASSESSMENT STUDY GUIDE QUESTIONS WITH CORRECT ANSWERS 5 Exam (elaborations) PRE-ASS

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Bundle For C963 COURT CASES COMBINED SET EXAM QUESTIONS WITH CORRECT ANSWERS

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C963 COURT CASES COMBINED SET EXAM QUESTIONS WITH CORRECT ANSWERS 2 Exam (elaborations) C963 COURT CASES EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS GRADED A+ 3 Exam (elaborations) C963 COURT CASES EXAMINATION QUESTIONS AND ANSWERS (GRADED A+) 4 Exam (elaborations) WGU C963 COURT CASES EXAM QUESTIONS WITH ALL CORRECT ANSWERS 5 Exam (elaboratio

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C963 EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS GRADED A+

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C963 EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS GRADED A+ Which statements are true concerning the state of nature? - Answer-Is a thought experiment upon which a definition of proper society and government are built Permits a philosophical definition of human nature. What conditions are required for a social contract to work? - Answer-Consensus among those whom the social contract applies to Uniformity of ability and purpose among those who agree to the social contract What are s...

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C963 PRE-ASSESSMENT STUDY GUIDE QUESTIONS WITH CORRECT ANSWERS

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C963 PRE-ASSESSMENT STUDY GUIDE QUESTIONS WITH CORRECT ANSWERS Which type of policy would typically be promoted by public interest groups? - Answer-Government funding for public school education What is generally true of interest groups but not true of political parties? - Answer-They tend to be focused on a single issue. Why is it difficult to measure the influence of interest groups? - Answer-Interest groups tend to support lawmakers who would have likely supported the group's issue...

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PRE-ASSESSMENT FOR C963 EXAM QUESTIONS WITH CORRECT ANSWERS GRADED A

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PRE-ASSESSMENT FOR C963 EXAM QUESTIONS WITH CORRECT ANSWERS GRADED A What is true about campaign ads in primary elections? - Answer-They often try to raise the name recognition of a candidate. How are elections for the U.S. Senate conducted? - Answer-One-third of the Senate seats are up for election every two years. Which election cycle event allows local party members to select their delegates for a presidential election? - Answer-A caucus What was the purpose of creating the Federal...

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C963 PRE-ASSESSMENT EXAM QUESTIONS WITH CORRECT A GRADED ANSWERS

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C963 PRE-ASSESSMENT EXAM QUESTIONS WITH CORRECT A GRADED ANSWERS Retrospective voting decision - Answer-Casting a ballot based solely on a candidate's previous vote on a specific issue Literacy tests - Answer-Method used by Southern states to restrict African American voting in the early 1960s Plessy v. Ferguson - Answer-Allowed racial segregation by establishing the 'separate but equal' doctrine Sixth Amendment - Answer-Guarantees the right to a public trial and representati...

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C963 PRE-ASSESSMENT QUIZ TEST QUESTONS WITH CORRECT ANSWERS

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C963 PRE-ASSESSMENT QUIZ TEST QUESTONS WITH CORRECT ANSWERS They are primarily aimed at more independent voters. - Answer-They often try to raise the name recognition of a candidate. How are elections for the U.S. Senate conducted? All Senate seats are up for election every 6 years. Half of the Senate seats are up for election every 3 years. 1/3 of the Senate seats are up for election every 2 years. All Senate seats are up for election every 2 years. - Answer-1/3 of the Senate...

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WGU C963 PPRE-ASSESSMENT ACTUAL EXAM TEST BANK QUESTIONS WITH CORRECT ANSWERS

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WGU C963 PPRE-ASSESSMENT ACTUAL EXAM TEST BANK QUESTIONS WITH CORRECT ANSWERS What was required by states under the 1993 National Voter Registration Act? - Answer-It required states to allow citizens to register to vote when they sign up for a driver's license What was the impact of the Supreme Court's decision in Pless v. Ferguson? - Answer-It allowed racial segregation by establishing the "separate but equal" doctrine In which types of cases would the Supreme Court use the s...

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