Unit 3. Administrative Law. Section 2. Administrative Law in the USA and UK
C.Joan will not receive the Salesperson license under mutual recognition procedure because she did not work under a Broker for at least one year
D.Joan will not receive the Salesperson license under mutual recognition because she is now a Florida resident.
4.Kathy, an unlicensed person, helps her neighbor Cindy sells Cindy's house by showing the house to potential Buyers. As a way of saying thank you, Cindy gives Kathy a gift certificate to Kathy's favorite restaurant. Which of the following best describes this situation?
A.This is a legal arrangement since Kathy helped without the expectation of payment.
B.Kathy may not legally accept the gift certificate.
C.Kathy may accept the gift certificate if she was the procuring cause of the sale.
D.Kathy may accept the gift certificate since it is not considered to be compensation.
5.What is the passing score for the state license exam?
A.65%
B.70%
C.75%
D.80%
6.In order to qualify for licensure, an applicant must
A.Be a high school graduate of equivalent (GED)
B.Be at least 18 years of age
C.Possess good character and reputation
D.All of the above
7.After passing the state license exam, when may an applicant begin working as a salesperson?
A.Immediately upon passing the exam
B.Upon submitting the proper form to the Division of Real Estate designating their employer
C.5 days after passing the exam
D.Upon receiving their actual license in the mail