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Real Estate 84 ch06 quiz q & a exam well rated A+ 100% correct download to score A

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Real Estate 84 ch06 quiz q & a exam well rated A+ 100% correct download to score A

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Real Estate 84 ch06 quiz q & a exam well rated A+
100% correct download to score A
• 1 out of 1 points

A real estate licensee may draw up a contract for a party to a transaction without
engaging in the unauthorized practice of law:

Selected Answer: b.

when preparing a standard pre-printed purchase agreement
form

Answers: a.

when acting as a dual agent

b.

when preparing a standard pre-printed purchase agreement
form

c.

when charging a separate fee for the services

d.

if that party is being represented by a different licensee


• Question 2

1 out of 1 points

A buyer makes and signs a written offer. The seller writes in one small change to
the offer and signs it. This document is known as a/an:

Selected Answer: d.

counteroffer

Answers: a.

, addendum

b.
ame
nd
me
nt
c.
modi
ficati
on
d.

counteroffer


• Question 3

0 out of 1 points

A listing agent receives three offers on a house on the same morning before
arriving at the office. The first two offers are for $4,000 and $5,000 less than the
listing price, while the third offer is $20,000 less than the listing price. The agent
should:

Selected Answer: a.

submit the offers to the seller in the order they were received

Answers: a.

submit the offers to the seller in the order they were received

b.

submit the offers to the seller according to how attractive they
are

c.

discard the third offer since it will be unattractive to the buyer

d.

, submit all three offers to the seller at the same time


• Question 4

• out of 1 points

A buyer would make a backup offer if:


Selected Answer:


c.

she wants to respond to the seller's counteroffer


Answers: a.

the seller had already accepted an offer from another buyer

b.

she wanted the offer to be contingent on the sale of the
house she currently owns

c.

she wants to respond to the seller's counteroffer

d.

she was waiving a contingency from her original offer


• Question 5

• out of 1 points

An agent advises a seller who has accepted an offer from a buyer to breach the
contract and accept a higher offer from another buyer. The agent will receive a
larger commission as a result. The agent:

Selected Answer:

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