But salespersons are r - Study guides, Class notes & Summaries

CT Real Estate Agency 101 Exam Questions and Answers 100% Pass Broker - Correct Answer ️️ -A person who performs real estate activities for a real estate consumer. In CT only a broker can enter into an agency relationship with a client. Agency runs from broker to client. All salespersons working for the broker are automatically agents of the brokers clients and owe clients fiduciary duties. Fiduciary responsibility - Correct Answer ️️ -Care, Obedience, Loyalty, disclosure, account...

Flat Files a file having no internal hierarchy Hashed Files A file that has been encrypted for security purposes. Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Heap File An unsorted set of records. Information The transformation of raw data into useful facts. Punch Card A card that is perforated and can hold commands or data. Structured Data Information with a high degree of ...

pearson vue practice exam, Multiple Choice Questions And Correct Answers 100% Correct. In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker a. included in the listing agreement ...

Chapter 3—Organizational Buying Behavior MULTIPLE CHOICE 1. The organizational buying process, which ultimately may lead to the purchase of a new computer, could be set into action by: a. the existing computer breaking down. b. a new cost accounting system. c. an IBM sales presentation. d. (a) and (b) only. e. any of the above. ANS: E PTS: 1 NAT: AACSBReflectiveThinking|CB&EModelCustomer|R&DManagingdecision-making processes 2. Concerning the eight-stage model of the organizational buy...

BrokerA person who performs real estate activities for a real estate consumer. In CT only a broker can enter into an agency relationship with a client. Agency runs from broker to client. All salespersons working for the broker are automatically agents of the brokers clients and owe clients fiduciary duties. Fiduciary responsibilityCare, Obedience, Loyalty, disclosure, accounting and confidentiality (COLDAC) Fiduciary r and customersFidicuary duties are not owed to a customer. You do own th...

NYREI Exam Review (1-10) With 100% Correct Answers 2023

CFE Exam 349 Questions with Verified Answers Falsified Hours & Salary Schemes - CORRECT ANSWER The most common method of misappropriating funds from the payroll is the overpayment of wages. For hourly employees, the size of a paycheck is based on two factors: the number of hours worked and the rate of pay. Therefore, for hourly employees to fraudulently increase the size of their paycheck, they must either falsify the number of hours they have worked or change their wage rate. Common ways ...

CT Real Estate Agency 101 Complete Solutions Broker A person who performs real estate activities for a real estate consumer. In CT only a broker can enter into an agency relationship with a client. Agency runs from broker to client. All salespersons working for the broker are automatically agents of the brokers clients and owe clients fiduciary duties. Fiduciary responsibility Care, Obedience, Loyalty, disclosure, accounting and confidentiality (COLDAC) Fiduciary r and customers Fidicu...

FPC Test Random 72 Questions with Verified Answers An employee earns $1,031.00 semimonthly and with this paycheck receives a $300.00 production bonus. Deductions include $126.00 for federal income tax, $101.82 for social security and Medicare tax, $125.00 for court-ordered child support payments, and a $25.00 credit union payment. For this pay period, calculate the employee's semimonthly disposable pay for a creditor garnishment. - CORRECT ANSWER $1,103.18. An individual receiving a taxab...

According to IRS code, licensed re agents are: - ANSWER statutory non-employees who are treated as independent contractors for tax purposes Each licensed broker shall keep and maintain records for: - ANSWER 3 years Brokers can provide ______, but salespersons are responsible for _____ incurred - ANSWER office and supplies, expenses Who issues real estate licenses - ANSWER NY State Dept of State's Division of Licensing Services associate real estate brokers - ANSWER became brokers bu...