answer the question a, b, c, d

Learning Goal: I’m working on a real estate test / quiz prep and need guidance to help me learn.

1. A sales license holder, Maria, works for ABC Realty. Her broker is James. She has signed a property management agreement for the Sunshine Apartment Complex. The agreement authorizes the agent to manage the complex and includes the authority to oversee advertising, maintenance, leasing space, and collecting rents. Which of the following statements about this situation is true?

(a) A sales license holder cannot sign a management agreement.

(b) Maria is a general agent for the Sunshine Apartment Complex.

(c) James is a special agent for the Sunshine Apartment Complex.

(d) James is a general agent for the Sunshine Apartment Complex.

13. Mark, a licensed sales agent with XYZ Real Estate, has taken a listing at 25 Smith Street. The seller has told Mark that two years ago, there was a murder/suicide on the property. The seller has asked that Mark be sensitive to this issue in marketing the property. The real estate term used to describe this property is _____

(a) Unmarketable

(b) Stigmatized

(c) Uninsurable

(d) Deficient

14. Which of the following statements about Intermediary with Appointments is true?

(a) The broker/Intermediary can give advice and opinions to both parties as long as he remains honest and fair.

(b) The broker can be one of the appointees.

(c) An appointed associate can give advice and opinions to one party .

(d) Appointed associates can only disclose facts to the parties to the transaction.

15. Which of the following statements about Intermediary with Appointments is true?

(a) The broker/Intermediary can give advice and opinions to both parties as long as he remains honest and fair.

(b) The broker can be one of the appointees.

(c) An appointed associate can give advice and opinions to one party.

(d) Appointed associates can only disclose facts to the parties to the transaction.

25. A broker is responsible for which of the following actions or activities on the part of a sponsored license holder?

(a) Timely renewal of a license

(b) Enrollment in a health insurance plan

(c) Completion of required continuing education

(d) Use of promulgated forms

26. In _____, an agent involved cannot give his advice or negotiate for either party.

(a) Intermediary with Appointments

(b) Cooperative Sales

(c) Intermediary without Appointments

(d) Transaction brokerage

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