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CLEP Exam - American Government
Punch cards are a type of voting system that became well known immediately following the 2000 
election 
Prospective voting: A person who votes based on what candidate says he or she will do in the future 
is said to be engaged in this type of voting 
House of Representatives: Should presidential candidates receive an equal number of electoral votes? 
votes, the election is decided by 
Democracy: "A form of government in which the people (defined broadly to include all adults or 
narrowly to ex...
- Exam (elaborations)
- • 20 pages •
Punch cards are a type of voting system that became well known immediately following the 2000 
election 
Prospective voting: A person who votes based on what candidate says he or she will do in the future 
is said to be engaged in this type of voting 
House of Representatives: Should presidential candidates receive an equal number of electoral votes? 
votes, the election is decided by 
Democracy: "A form of government in which the people (defined broadly to include all adults or 
narrowly to ex...
CLEP American Government
irect democracy is a form of democracy in which people decide policy initiatives directly 
Oligarchy: a form of power structure in which power effectively rests with a small number of people 
Power is an American crime drama television series airing on Starz 
political power - In social science and politics, the ability to influence or outright control the 
behavior of people 
limited government is a concept in political philosophy in which governmental power is restricted by 
law, usually in a ...
- Exam (elaborations)
- • 4 pages •
irect democracy is a form of democracy in which people decide policy initiatives directly 
Oligarchy: a form of power structure in which power effectively rests with a small number of people 
Power is an American crime drama television series airing on Starz 
political power - In social science and politics, the ability to influence or outright control the 
behavior of people 
limited government is a concept in political philosophy in which governmental power is restricted by 
law, usually in a ...
CLEP Exam American Government
Which of the following statements best reflects the pluralist theory of America? 
a. American politics is dominated by a small elite. 
b. Public policies emerge from cooperation among elites in business, labor, and government. 
c. Public policies emerge from compromises reached among competing groups. 
d.American politics is dominated by cities at the expense of rural areas. Public policies emerge 
from compromises reached among competing groups.
- Exam (elaborations)
- • 15 pages •
Which of the following statements best reflects the pluralist theory of America? 
a. American politics is dominated by a small elite. 
b. Public policies emerge from cooperation among elites in business, labor, and government. 
c. Public policies emerge from compromises reached among competing groups. 
d.American politics is dominated by cities at the expense of rural areas. Public policies emerge 
from compromises reached among competing groups.
CLEP Exam American Government
Which of the following statements best reflects the pluralist theory of America? American politics is 
dominated by a small elite. Public policies emerge from cooperation among elites in business, labor, and 
and government. Public policies emerge from compromises reached among competing groups. 
American politics is dominated by cities at the expense of rural areas. Public policies emerge from 
compromises reached among competing groups.
- Exam (elaborations)
- • 9 pages •
Which of the following statements best reflects the pluralist theory of America? American politics is 
dominated by a small elite. Public policies emerge from cooperation among elites in business, labor, and 
and government. Public policies emerge from compromises reached among competing groups. 
American politics is dominated by cities at the expense of rural areas. Public policies emerge from 
compromises reached among competing groups.
Aceable Agent - Principles of Real Estate II Exam Notes
TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/TOTAL - Formulas to calculate commission? 
PRINCIPAL: What is the term that describes the money that is lent? 
Cash to Close: Down payment minus earnest money?
- Exam (elaborations)
- • 24 pages •
TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/TOTAL - Formulas to calculate commission? 
PRINCIPAL: What is the term that describes the money that is lent? 
Cash to Close: Down payment minus earnest money?
Aceable Agent: Real Estate Principles: Review Questions
The Real Estate Law is found in 
A. The Licensing Code 
B. The Business and Professions Code 
C. The Health and Safety Code 
D. The Corporations Code; B. Business and Professions Code 
The Real Estate Commissioner reports to 
a. the California Bureau of Real Estate. 
b. the governor. 
c. the Department of Housing and Urban Development.
- Exam (elaborations)
- • 67 pages •
The Real Estate Law is found in 
A. The Licensing Code 
B. The Business and Professions Code 
C. The Health and Safety Code 
D. The Corporations Code; B. Business and Professions Code 
The Real Estate Commissioner reports to 
a. the California Bureau of Real Estate. 
b. the governor. 
c. the Department of Housing and Urban Development.
Aceable Agent Level 1 Definitions
A deed is a document that transfers ownership of property from one party to another. 
Legal Title: Full legal ownership of property and the bundle of rights as they apply to it. 
Federal Government: Regulates broad issues 
State Government: The primary regulators of real estate law. 
They address things such as flood zones and waste disposal. 
Local Government: Cover real estate on an even smaller scale.
- Exam (elaborations)
- • 5 pages •
A deed is a document that transfers ownership of property from one party to another. 
Legal Title: Full legal ownership of property and the bundle of rights as they apply to it. 
Federal Government: Regulates broad issues 
State Government: The primary regulators of real estate law. 
They address things such as flood zones and waste disposal. 
Local Government: Cover real estate on an even smaller scale.
Aceable Agent Principles 1 study notes for final exam
approved forms are authorized by TREC and can be used. 
Promulgated Forms: authorized by TREC and MUST be used 
Cloud: Encumbrance on title to a property which affects transferability 
Immobility: Land cannot be moved 
Misrepresentation: stating an untrue fact unintentionally
- Exam (elaborations)
- • 10 pages •
approved forms are authorized by TREC and can be used. 
Promulgated Forms: authorized by TREC and MUST be used 
Cloud: Encumbrance on title to a property which affects transferability 
Immobility: Land cannot be moved 
Misrepresentation: stating an untrue fact unintentionally
Aceable Agent Principles of Real Estate 2 Practice Test
Aceable Agent Principles of Real Estate 
Practice Test 
What is an investment gain? an increase in property value due to active and purposeful developments 
or improvements 
Ben has recently purchased a policy for title insurance. Two weeks after making his purchase, it is 
revealed that there were unknown liens attached to the title. What is true about this situation? - Any 
Problems that arise after a policy purchase are not covered. 
Which of the following is an example of something that woul...
- Exam (elaborations)
- • 7 pages •
Aceable Agent Principles of Real Estate 
Practice Test 
What is an investment gain? an increase in property value due to active and purposeful developments 
or improvements 
Ben has recently purchased a policy for title insurance. Two weeks after making his purchase, it is 
revealed that there were unknown liens attached to the title. What is true about this situation? - Any 
Problems that arise after a policy purchase are not covered. 
Which of the following is an example of something that woul...
Aceable Agent Principles of Real Estate
Amortization: The repayment of a loan principle over time 
Arrears: Payment for an item or service after it's received 
Down Payment: The initial payment made when buying something on credit, a ____________, is paid 
directly by the buyer to the seller 
Proration: The allocation or distribution of an annual expense across smaller chunks of time 
Acreage: A unit of measurement used to determine the size of land; 1 acre = 43560 square feet 
Appraisal: The value of property, based on factors deter...
- Exam (elaborations)
- • 26 pages •
Amortization: The repayment of a loan principle over time 
Arrears: Payment for an item or service after it's received 
Down Payment: The initial payment made when buying something on credit, a ____________, is paid 
directly by the buyer to the seller 
Proration: The allocation or distribution of an annual expense across smaller chunks of time 
Acreage: A unit of measurement used to determine the size of land; 1 acre = 43560 square feet 
Appraisal: The value of property, based on factors deter...