CA REAL ESTATE PRINCIPLES TEST
ACEABLE AGENT 2025 BRAND NEW
ACTUAL EXAM WITH ANSWERS.
1. A broker routinely places earnest money deposits in his
personal account for overnight safekeeping. This practice is: -
correct answer-Prohibited
2. A broker has an exclusive listing agreement with a property
owner. The listing will terminate "when the parties agree" this
practice is: - correct answer-Prohibited
3. When a broker exercised his option to buy Whiteacre, he
presented to the owner of Whitacre a written statement of his
expected profit in the transaction. The seller agreed in writing
to proceed with the sale. This conduct is - correct answer-
Mandated
4. The broker-office of XYZ Realty, Inc, does not like overly
aggressive sales tactics of XYZ's sales people but has not
reprimanded them because business is so good. The broker's
conduct is - correct answer-Discouraged
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5. A broker wants to help out his neighbors son who recently
acquired a BA in history. The broker hires the graduate to show
property to prospective buyers. Because the new employee
has no real estate license, the broker handles all of the
negotiating. This practice is - correct answer-Prohibited
6. A salesperson is selling the Greenacre Estate. An offer has
been accepted and the closing will take place in 2 weeks.
While the owners are out of town, the buyer asks if the closing
can be put off a day. The salesperson agrees on behalf of the
owners, for she is sure they will not object. The sales person's
conduct is - correct answer-Prohibited
7. A house is for sale following a murder in the house 6 months
earlier. A salesperson showing and out-of-town prospect
through the house, keeps that information to themselves. The
salesperson's conduct is - correct answer-Prohibited
8. A broker is so busy that he never has the time to return the
phone calls of his principals. He prefers to spend his time in the
field making sales and acquiring new listings. This practice is -
correct answer-Discouraged