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Humber Real Estate - Course 2, Module 1, Explaining Services Available to a Seller or Buyer with complete solution

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Humber Real Estate - Course 2, Module 1, Explaining Services Available to a Seller or Buyer with complete solution The relationship between two parties in which one party (the agent) accepts responsibility for representing the other party (the principal) in dealing with a third party. Under Ontario law, how is an 'agency relationship' defined? Client & Customer While common law uses the terms 'Principal' and 'Third Party', what terms does REBBA use instead? The Common Law of Agency The underlying relationship of the brokerage, salesperson, seller and buyer is based on what? Someone who is not directly connected with a legal transaction but may be affected by it, OR supporting one of the people involved, i.e. lawyer, home inspector, etc. In relation to a contract, how is a third party defined? Representation Under REBBA, what is the equivalent for the legislative term for "agency"? The brokerage In a real estate transaction, who is the 'Agent'? A seller or buyer In a real estate transaction, who is usually the 'Principal'? Representation Agency is also known as ... Representation Agreement A Listing (Seller Agency) Agreement / Buyer Agency Agreement is also known as ... Agreement (Conveyance of Interest in Real Estate) Agreement of Purchase and Sale is also know as ... Multiple Representation Dual Agency is also known as ... Convey Offer Present Offer is also known as ... Acquisition / Divestiture by Registrant Purchase / Sale by Registrant The seller and buyer Who are the 'Parties' to a real estate transaction? Employee / Employer relationship with authorization to trade on behalf of their respective brokerages. What type of relationship does a salesperson have with their brokerage from a legal perspective? Yes. Everyone must protect the client's best interests. Once an agency relationship is established between a brokerage and a client, does the agreement apply to all brokers & salespersons employed by the brokerage?

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Motor Learning Exam 2 (Answered) 100%
Exteroception provides information to the processing system about
_________________________.
a. the body in space
b. the position of the head
c. balance
d. the state of the environment
d
Which of the following does not provide proprioceptive information to a
performer?
a. vestibular apparatus
b. joint receptors
c. Golgi tendon organs
d. optical flow
d
All of the following regarding closed-loop control are accurate except...
a. the system involves error connection without the use of feedback
b. the system consists of error detection
c. the system has correction processes to maintain the desired goal
d. the system is used to control slow, deliberate movements
a
The M1 feedback loop is at a low level in the spinal cord and does not involve
__________________.
a. stereotyped responses
b. rapid responses
c. voluntary control
d. involuntary control
c
Feedforward information represents ____________________.
a. actual sensory consequences
b. anticipated sensory consequences
c. actual feedback
d. anticipated feedback
b
Visual information, useful for object identification and control of movement in the
visual environment, travels from the retina to which part of the brain?
a. primary visual cortex
b. posterior parietal cortex
c. inferotemporal cortex
d. temporal cortex
a
The change in the information provided by the optical array is called
___________________.
a. optical change

, b. array flow
c. optical flow
d. array change
c
Saccadic eye movements are characterized by _________________.
a. fixation on a motionless object in one location
b. fixation on a slowly moving object
c. brief fixation and rapid shifts to a different location
d. the quiet-eye effect
c
In the size-weight illusion, which of the two opaque containers of the same weight
does the lifter perceive as heavier?
a. the larger one
b. the smaller one
c. the first one lifted
d. the second one lifted
b
Dorsal vision is used to make ______________ in already programmed actions.
a. a rapid stop
b. a change in movement direction
c. minor adjustments
d. a change in the general motor program
c
Using logical deduction, scientists can determine certain _________________ a
given theory makes. These form the basis of ____________, which can be tested
in the laboratory.
a. mini-theories; theories
b. predictions; hypotheses
c. mini-theories; hypotheses
d. hypotheses; predictions
b
When a skill is produced reliably and on demand, where luck plays a minimal
role, then the goal is achieved with
a. minimum energy expenditure
b. minimum movement time
c. maximum certainty
d. maximum energy expenditure
c
A ________________ skill occurs in a stable and predictable environment.
a. closed
b. discrete
c. serial
d. open
a
Skills are different from movements because...
a. they require more than one movement

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