GA REAL ESTATE FINAL EXAM QUESTIONS AND ANSWERS (RATED A+)

Anti-Trust - ANSWER-An area of law concerned with maintaining competition in private markets by prohibiting any restraint on trade. Georgia Real Estate Commission - ANSWER-Pass rules and regulations that govern real estate licensees Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) - ANSWER-A federal law enacted by Congress in 1980 to create a tax on the chemical and petroleum industries and provided broad authority to respond directly to releases or threatened releases of hazardous substances that may endanger public health or the environment. Also known as Superfund. Home Rule - ANSWER-In Georgia, this rule allows a county or municipality legislative power to adopt reasonable ordinances and regulations including, but not limited to, property affairs, and local government for which no provision is in place. Georgia Uniform Deceptive Trade Practices Act (UDTPA) - ANSWER-A real estate anti-trust law focused on price fixing and collusion between brokers Homestea