Timeshare Exam Questions with All Correct Answers
What are the two big impacts hoteliers had by entering the timeshare industry? - Answer-Increased credibility AND increased hospitality standards
How has social media changed public relations in the timeshare industry? - Answer-All of the answe...
What are the two big impacts hoteliers had by entering the timeshare industry? -
Answer-Increased credibility AND increased hospitality standards
How has social media changed public relations in the timeshare industry? - Answer-All
of the answers are correct.
-It can be used to obtain endorsements
- Allows companies to communicate with prospective customers
- It allows negative or positive comments to be addressed quickly
Which statement best describes the provision in the ARDA Code of Standards & Ethics
about using sweepstakes or other promotions involving a "chance" to receive or win
something? - Answer-These promotions must disclose the odds of winning, any
eligibility requirements, and have at least one of each prize available to award.
In some states, in addition to maintenance fee billings, timeshare owners' associations
are also responsible for collecting: - Answer-Real Property Taxes
An owner benefit of purchasing a villa containing a lock-off unit is that: - Answer-It
enables the owner to use one week in the main portion and the other in the lock-off
Under the ARDA Code of Standards & Ethics "development interests" and "activities"
would include: - Answer-Virtually any business practice in which an ARDA member is
involved.
Relative to a resort's location, which of the following are true? - Answer-The resort
should provide descriptive information on area attractions and available services on site
and within the immediate area for consumer use.
The forms of legal design for a vacation ownership resort are: - Answer-Club
membership, fee simple, right-to-use, and leasehold.
In reference to worldwide sales and owners statistics, which of the following is
accurate? - Answer-Total sales volume and total number of owners consistently rose
from 1985-2004.
Which of the following characteristics does not fit in with the typical timeshare buyer's
demographics: - Answer-Age 25 - 34
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