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The CE Shop Real Estate - CO Current Legal Issues Section Exam Q&A 100% Solved £10.87
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The CE Shop Real Estate - CO Current Legal Issues Section Exam Q&A 100% Solved

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The CE Shop Real Estate - CO Current Legal Issues Section Exam Q&A 100% Solved All of the following areas are classified as intellectual property. Which one comes under a different, non-intellectual property, classification? Broker marketing plans Copyrights Right of publicity Trade secr...

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  • January 2, 2025
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • The CE shop real estate
  • The CE shop real estate
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The CE Shop Real Estate - CO Current

Legal Issues Section Exam Q&A 100%

Solved


All of the following areas are classified as intellectual property. Which one

comes under a different, non-intellectual property, classification?



Broker marketing plans

Copyrights

Right of publicity

Trade secrets - ✔✔Broker marketing plans

Which of the following is true?



When conducting property management brokerage activities, brokers are

not permitted to manage trust funds.

When conducting property management brokerage activities, brokers are

permitted to combine security deposits and rental payments in the same

account.

1
©NINJANERD 2024/2025. YEAR PUBLISHED 2024.

,When conducting property management brokerage activities, brokers are

permitted to manage trust funds in whatever way that works best for them.

When conducting property management brokerage activities, brokers are

required to have a separate trust account set up for security deposits and a

separate trust account set up for rental payments. - ✔✔When conducting

property management brokerage activities, brokers are required to have a

separate trust account set up for security deposits and a separate trust

account set up for rental payments.

Copyrights protect ______.



Brands

Ornamental features

Secret information

Works of authorship - ✔✔Works of authorship



Copyrights are one of the five legal categories of intellectual property rights.

If a potential adverse material fact is "open and obvious," ______.



It must be investigated by the broker

The fact doesn't need to be disclosed

2
©NINJANERD 2024/2025. YEAR PUBLISHED 2024.

, The fact must be disclosed if it's a known material fact

The fact only needs to be disclosed if it's brought up during the appraisal -

✔✔The fact must be disclosed if it's a known material fact

Which of the following fall under circumstances psychologically impacting

real property?



A felony

All of these

A murder

A suicide - ✔✔All of these

If a real estate broker misses one to 10 continuing education hours

required for license renewal, the fine is ______.



$150

$250

$375

$500 - ✔✔$250

If a broker does not have the necessary experience, training, and

knowledge, the broker must choose to ______.



3
©NINJANERD 2024/2025. YEAR PUBLISHED 2024.

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