Pearson Vue Exam Prep: Real Estate
Practice Questions & Answers (Grade
A+)
Federal Trade Commission (FTC) -
correct answer ✅enforces privacy regulations that protect
consumers from release of confidential info
regulate how businesses can contact consumers
CAN-SPAM Act -
correct answer ✅A federal law that placed guidelines on mass
commercial emails.
Telephone Consumer Protection Act -
correct answer ✅provides requirements for telemarketing
promotions
Do Not Call Registry -
correct answer ✅A federal program that allows homeowners to
register their residential phone numbers in order to eliminate with
some exceptions unsolicited phone calls from telemarketers.
how often are licensees required to check the DNC list? -
correct answer ✅every 31 days
, Pearson Vue Exam Prep: Real Estate
Practice Questions & Answers (Grade
A+)
listing agreement -
correct answer ✅agreement between brokerage firm and seller
exclusive agency agreement -
correct answer ✅if seller finds the buyer, the listing agent does not
get commission
exclusive right to sell agreement -
correct answer ✅listing agent gets commission no matter who
finds the buyer
procuring cause -
correct answer ✅the one who brings about a sale
protection clause -
correct answer ✅A clause inserted in a listing agreement aimed at
protecting the listing broker in the event that a buyer who was
found by the broker returns to purchase the property directly from
the owner but after the expiration date of the listing agreement.
Practice Questions & Answers (Grade
A+)
Federal Trade Commission (FTC) -
correct answer ✅enforces privacy regulations that protect
consumers from release of confidential info
regulate how businesses can contact consumers
CAN-SPAM Act -
correct answer ✅A federal law that placed guidelines on mass
commercial emails.
Telephone Consumer Protection Act -
correct answer ✅provides requirements for telemarketing
promotions
Do Not Call Registry -
correct answer ✅A federal program that allows homeowners to
register their residential phone numbers in order to eliminate with
some exceptions unsolicited phone calls from telemarketers.
how often are licensees required to check the DNC list? -
correct answer ✅every 31 days
, Pearson Vue Exam Prep: Real Estate
Practice Questions & Answers (Grade
A+)
listing agreement -
correct answer ✅agreement between brokerage firm and seller
exclusive agency agreement -
correct answer ✅if seller finds the buyer, the listing agent does not
get commission
exclusive right to sell agreement -
correct answer ✅listing agent gets commission no matter who
finds the buyer
procuring cause -
correct answer ✅the one who brings about a sale
protection clause -
correct answer ✅A clause inserted in a listing agreement aimed at
protecting the listing broker in the event that a buyer who was
found by the broker returns to purchase the property directly from
the owner but after the expiration date of the listing agreement.
