Broker canada - Study guides, Class notes & Summaries
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RECA Fundamentals Exam 2023 Questions with Verified Answers
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Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) 
 
Which entity has the authority to amend the Real Estate Act - Answer- Provincial Legislature 
 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - Answer- Consumer Price Index (CPI) 
 
Which of the following will occur to the supply of a good when there is a change in quantity...
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Florida Real Estate Broker's Exam Prep with complete verified solutions.
- Exam (elaborations) • 19 pages • 2024
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Which statement is TRUE concerning radon? 
Two homes next door to each other may have very different levels of radon. 
 
 
 
Hazel's brokerage firm has an annual expense budget of $162,000 that includes her own salary. She wants to make $20,000 profit. If she has seven sales associates, what must each sales associate generate in company dollars for Hazel to achieve her goal? 
The answer is $26,000. Required revenue is $182,000. ($20,000 + $162,000). Each sales associate must bring in at least $...
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CKE 2 HRPA- Professional Practice 2024 Exam With Correct Answers!! Graded A+
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CKE 2 HRPA- Professional Practice 2024 Exam With Correct Answers!! 
Acquisition 
The process of acquiring control of another corporation by purchase or stock exchange. 
 
 
Adjudication framework 
This document outlines the policies used to determine the medical eligibility of applicants for the Canada Pension Plan disability benefit. It is effective as of May, 2004. 
 
 
Agent 
An employee of a company that owns the product they are selling. In other words, they do not represent or sell other i...
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UPS International Assessment test with verified solutions
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Customers who want to increase the efficiency of their international shipment process and reduce the risk of losing paperwork in transit would use: 
UPS Paperless Invoice 
 
 
 
UPS Worldwide Expedited Service offers the following features of service: 
-Export from more than 220 countries and territories 
-Import from more than 70 countries and territories 
-Delivery in 2 to 5 business days by end of day 
 
 
 
 
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Level 2 Management – RIBO Questions and Answers Already Passed
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Level 2 Management – RIBO Questions and Answers Already Passed 
What are the provisions and responsibilities of direction and supervision of the principal broker? 1. To ensure all registered insurance brokers who are employees or partners comply with this act, regulations and by-laws 
2.Ensure all brokers who are employees are provided the necessary information respecting insurance for them to act in accordance of the code of conduct and be competent as outlined by the act 
3. All registered i...
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Florida Real Estate Broker's Exam Prep with complete verified solutions.
- Exam (elaborations) • 19 pages • 2024
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Which statement is TRUE concerning radon? 
Two homes next door to each other may have very different levels of radon. 
 
 
 
Hazel's brokerage firm has an annual expense budget of $162,000 that includes her own salary. She wants to make $20,000 profit. If she has seven sales associates, what must each sales associate generate in company dollars for Hazel to achieve her goal? 
The answer is $26,000. Required revenue is $182,000. ($20,000 + $162,000). Each sales associate must bring in at least $...
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Fundamentals of real estate exam prep questions and answers 202
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Fundamentals of real estate exam prep 
questions and answers 2024 
Land -Answer-The ground & that which is beneath & above it 
Real estate -Answer-land & fixed improvements to the land 
Real property -Answer-land, fixed improvements & intangible rights of ownership 
Personal Property -Answer-Items that can be removed without damaging to the the property 
Surface rights -Answer-Rights assoctiaed with physcial ground (top layer of land) 
Supply -Answer-The quantity supplied is the amount of good o...
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New York State Property and Casualty Licensing Exam Questions and Answers Already Passed
- Exam (elaborations) • 12 pages • 2022
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New York State Property and Casualty Licensing Exam Questions and Answers Already Passed 
Pro Rata Liability Clause is included in an insurance policy to deal with the problem of Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. 
pro rata liability If a loss occurs that is covered b...
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Fundamentals of Mortgage Brokerage Exam With Complete Solutions
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Fundamentals of Mortgage Brokerage Exam 
With Complete Solutions 
AACI - answerAccredited Appraiser Canadian Institute - designation granted by Appraisal 
Institute of Canada 
Accelerated Payments - answerpayment options stream whereby the monthly mortgage 
payment is either split in half or in quarters and is paid every two weeks (bi-weekly) or every 
week (weekly) 
Accredited Mortgage Professional - AMP - answernational designation for mortgage 
professionals in Canada issued by the Canadian A...
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CAIB 4 Chapter 7 Questions and Answers Already Passed
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Identify and briefly explain the four different types of relationships that can exist at different 
levels. Hands-on/High Involvement - These relationships are among the closest of 
relationships that clients can have with service providers. I.e. doctor, dentist, massage therapist. 
Face-to-face - This is another type of relationship that is characterized by client interaction with 
the company on a regular basis and in a personal environment. I.e. Most independant insurance 
brokers in Canada. ...
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