Two salesperso Study guides, Class notes & Summaries
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PSI Real Estate Practice Exam - Michigan (Chapter 1)
- Exam (elaborations) • 35 pages • 2023
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Designated Agent - Answer- A person authorized by the broker to act as the agent of a specific principal - common in dual agency relationships, two salespersons from the same company can represent opposite sides of the sale. 
 
Income Approach - Answer- What approach does an appraiser take primarily for an investment property? 
 
1.) "Personal Assistant" (Answer) 
2.) "Agent-Assistant" 
3.) "Proxy-Agent" 
4.) "Broker-Assignee" - Answer- Charlie is the personal assistant for the top produ...
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A salesperson is authorized to sell many products and a product can be sold by many salespersons. Which kind of binary relationship does this scenario describe? - correct answers Many-to-many Which two examples are attributes?
- Exam (elaborations) • 25 pages • 2023
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A salesperson is authorized to sell many products and a product can be sold by many salespersons. 
Which kind of binary relationship does this scenario describe? - correct answersMany-to-many 
Which two examples are attributes? - correct answers An employee number 
A meeting code 
Which delete rule sets column values in a child table to a missing value when the matching data is 
deleted from the parent table? - correct answersSet-to-Null 
member_id INT UNSIGNED NOT NULL AUTO_INCREMENT, 
PRIMARY ...
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