Sales license - Study guides, Class notes & Summaries
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LSB2605 ASSIGNMENT 01 AND 02 ANSWERS SEMETER 02
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LSB2605 ASSIGNMENT 01 AND 02 ANSWERS SEMESTER 02 
 
LSB Semester 2 
a) Assignment 01 
Question 1 
Provide references to your sources, including page numbers. Answers without references to specific page numbers will not be marked and you will not receive any marks for those answers. Incorrect page numbers will not earn marks. Any similarity to the structure, content and style of AI generated answers earn a 0 mark. 
1.1.) Which of the following best describes a sole proprietorship? (2) 
(A) It is ...
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Champions School of Real Estate Law of Agency – Questions and Answers Already Passed
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Champions School of Real Estate Law of 
Agency – Questions and Answers 
 
Already Passed 
 
The principal is also known as client 
 
fiduciary relationship a relationship founded on trust and confidence 
 
Agency Relationship Exists when one person (the agent) acts for, or on 
behalf of another person (the principal). 
 
the principal is the one who hires and gives authority to the agent 
 
Texas Real Estate License Act TRELA Was passed 1939. The purpose is to protect the 
public against unscr...
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . Tract building - Answer- When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - Answer- Planning, zoning, property taxation, building and health codes and 
regulations, and building moratoriums that affect development play a significant role in 
the cost and desirability of real estate 
Broker associate - Answer- A licensed broker working for another bro...
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NYC Home Improvement Exam Questions and Answers Latest 2023-2024 (Graded 100%)
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NYC Home Improvement Exam Questions and Answers Latest (Graded 100%). DOB - ANSWER Department of Buildings 
DCA - ANSWER Department of Consumer Affairs 
DOT - ANSWER Department of Transportation 
What is home improvement? - ANSWER The construction,repair, replacement, 
remodleing, alteration, comversion, rehabilitation, renovation, modernization, 
improvement, or addition to any land or building or any part of the land or 
building used or designed to be used as a residence or dwelling place, i...
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Michigan Residential Builder's License Test Bank|1190 Questions and Answers, 100% Correct| A+ Rated Solution Guide| Latest 2024-2025
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Michigan Residential Builder's License Test Bank|1190 Questions and Answers, 100% Correct| A+ Rated Solution Guide| Latest 
What is the 1st offense penalty for engaging in the practice of residential building 
without a license? 
Not less than $5K and not more than $25K and/or 1 year 
What is the penalty for engaging in the practice of residential building, resulting in 
a death? 
Not less than $5K and not more than $50K and/or 4 years 
On your individual builder's license application, what...
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CSLB CONTRACTOR'S EXAM PRACTICE QUESTIONS AND ANSWERS LATEST UPDATE 2023-2024
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CSLB CONTRACTOR'S EXAM PRACTICE QUESTIONS AND ANSWERS LATEST UPDATE 2023-2024. Which act establishes the rights of workers to organize into unions and negotiate 
contracts? - Answer National Labor Relations Act of 1935 
A contractor has had a problem with employees stealing tools and equipment from 
job sites. When conducting job interviews, may the contractor ask prospective 
employees about their arrest records? 
 
A. It is legal to ask prospective employees about arrests not leading to convi...
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California Real Estate Principles - Questions and Answers Already Passed
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California Real Estate Principles - 
Questions and Answers Already Passed 
 
(1) 1. The Real Estate Law is found in the 
 
a. Licensing Code 
b. Business and Professions Code 
c. Health and Safety Code 
d. Corporations Code Business and Professions Code 
 
(1) 2. The Real Estate Commissioner reports to the 
 
a. California Bureau of Real Estate 
b. governor 
c. Real Estate Advisory Commission 
d. legislature governor 
 
(1) 3. Salesperson Sam owns 25% of the outstanding shares of Rollo Realty, I...
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Motor Vehicle Industry License - State of Colorado Sales License Test Study Guide
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Motor Vehicle Industry License - State of 
Colorado Sales License Test Study Guide
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NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)
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NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A) 
What agency issues real estate licenses? - ANSWER-The New York State Department of State (NYDOS), Divison of Licensing Services 
 
At what age can you become a real estate salesperson? - ANSWER-18 
 
Do you nee...
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Colorado Accident & health laws state exam simulator: Questions & Answers: Updated A+ Score Solution
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Which of the following is an example of defamation? 
 A brochure including an untrue statement regarding a competitor's ability to pay claims 
 A truthful estimate of the dividends 
 A pamphlet listing a competitor's financial rating 
 A verbal statement of a competitor's complaint ratio 
(Ans- A brochure including an untrue statement regarding a competitor's ability to pay claims 
 
Which of the following is an example of rebating? 
 offer of temporary insurance coverage 
 cancellation of ...
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