Principles Quiz 14 Rooks

Principles Quiz 14 Rooks - Real Estate Principles El Camino...

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1 Real Estate Principles El Camino College Chapter 14 Quiz 1. Which of the following does NOT require a real estate license? A. Selling real estate for others C. Negotiating leases for others B. Buying real estate for others D. Selling your own real estate 2. The group, through its leader, that regulates real estate transactions is called the: A. Department of Real Estate C. CAR B. NAR D. Federal Government 3. Who has the power to revoke, restrict or suspend a real estate license? A. California Legislature C. CAR B. NAR D. Real Estate Commissioner 4. An unethical real estate office policy that keeps a listing “in house” for a period of time, in order to try to sell it first, is called a: A. blind listing C. classified listing B. pocket listing D. paid listing 5. A false advertisement (Section 10177 of the Business and Professions Code) that gives the impression that the agent is the owner of the property is called a: A. blind advertisement C. classified advertisement B. pocket advertisement D. paid advertisement
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Principles Quiz 14 Rooks - Real Estate Principles El Camino...

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