83) A legal “artificial being” conducting business under a chartered name is a: sole proprietorship. partnership. corporation. none of the above.  

You are called to examine a 4 day old former 36 week infant who delivered vaginally and was admitted to the NICU for hypoglycemia who has a new onset of eye drainage. You note that the drainage is profuse and purulent. Which next management steps are priorities? 

43)  To earn a commission, a broker must produce a buyer who is: a. realistic, reliable, and ready. b. interested, sincere, and literate. c. ready, willing, and able. d. flexible, cooperative, and genuine.

74)  If any financing term is mentioned in an ad, the FTC requires the ad also mention the: a. annual percentage rate (APR). b. semi-annual percentage rate (APR). c. phone number of the Real Estate Commissioner. d. all of the above.

98) Which of the following is NOT a duty of the escrow company? Negotiating broker’s fees Confidentiality Deposit holder Conditional delivery of funds and documents

34)  Escrow can be terminated by all of the following, EXCEPT: a. seller’s rescission without buyer’s consent. b. completion of escrow. c. mutual agreement. d. court (interpleader) action.

72)  Which of the following is NOT true concerning REITs in California? a. A REIT is a real estate investment company. b. A REIT sells ownership shares. c. REITs are illegal in California. d. REITs are legal in California.  

33)  Character, capacity, and capital are called the three C’s of: a. salesmanship. b. credit. c. real estate. d. competition.

90)  In order for agents to gain access to the house, keys are often kept: a. under a rock. b. in a lockbox. c. with a neighbor. d. all of the above.

22)  In California, who customarily conducts the title search, prepares preliminary reports, and issues policies of title insurance? a. Title insurance company b. Escrow company c. Real estate agent d. None of the above