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Timeshare Test #2 Questions and Answers (100% Pass) $11.49   Add to cart

Exam (elaborations)

Timeshare Test #2 Questions and Answers (100% Pass)

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  • Timeshare License
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  • Timeshare License

Timeshare Test #2 Questions and Answers (100% Pass) The Nevada Revised Statue that deals with the timeshare industry in Neveda is titled: - Answer️️ -119A Timeshare right to use is considered: - Answer️️ -A contractual agreement Timeshare is: - Answer️️ -A way to freeze vacation cos...

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  • August 15, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Timeshare License
  • Timeshare License
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OliviaWest
©PREP4EXAMS@2024/2025 REAL EXAM DUMPS Monday@ August 5@ 2024 6@07 PM


Timeshare Test #2 Questions and Answers (100% Pass)

The Nevada Revised Statue that deals with the timeshare industry in Neveda is

titled: - Answer✔️✔️-119A


Timeshare right to use is considered: - Answer✔️✔️-A contractual agreement


Timeshare is: - Answer✔️✔️-A way to freeze vacation costs


Fractional ownership of a timeshare is: - Answer✔️✔️-One month to half a year


An arrangement to do not to do certain things is called: - Answer✔️✔️-Contract


All are necessary to the creation of an agency relationship except: - Answer✔️✔️-

Agreement of both parties

Which of the following is not a necessary element in the information of a contract?

- Answer✔️✔️-Performance


Financing for an individual timeshare is done by this: - Answer✔️✔️-Developer


The value of an individual timeshare unit usually: - Answer✔️✔️-Goes down in

value

, ©PREP4EXAMS@2024/2025 REAL EXAM DUMPS Monday@ August 5@ 2024 6@07 PM

Consideration in connection with a contract may be which of the following: -

Answer✔️✔️-A payment of money


A void contract is one that is: - Answer✔️✔️-Not enforceable by law


A voidable contract is: - Answer✔️✔️-Valid until action is taken to make it void


The majority of timeshare owners are: - Answer✔️✔️-Fee deed and title


The great percentage of timeshare exchanges were purported to be: - Answer✔️✔️-

Successful

The law that requires certain contracts to be in writing to be enforceable is called

the: - Answer✔️✔️-Statute of Frauds


An agency coupled with an interest is one: - Answer✔️✔️-Where the salesperson

makes a secret profit at the expense of this principal


An agent warrants: - Answer✔️✔️-His authority to act on his client's behalf


A salesman may lose his license for commingling. Which one of the following

would not be considered commingling? - Answer✔️✔️-Holding an uncashed deposit

check at the direction of the buyer

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