45. In California, in order to receive compensation for negotiating a mortgage loan, a real estate licensee: a. must have the approval of his or her broker. b. must have approval from the buyer and seller. c. must have an MLO license endorsement from the DRE. d. none of the answers are correct.

42. A weekly outing whereby all available salespersons from one office preview all the newest brokerage listings is called: a. office caravan. b. weekly staff meeting. c. property field trip. d. listing preview.

68. Which of the following is on online social networking site for business professionals to connect, network, and engage? a. MySpace b. Twitter (now X) c. LinkedIn d. Google Maps

6. Upon close of escrow, a broker pays an agent a “straight commission” based on: a. the total annual income of the brokerage. b. a percentage of the selling price. c. the recommendation of the seller. d. the length of time a property took to sell.

81. When Internet service providers invest less money in low-income and marginalized communities, leaving these communities with slow, unreliable broadband, or no broadband at all, it is called: a. digital redlining. b. digital blackout. c. digital bias. d. none of the answers are correct.

43. For California Withholding Purchases, the Seller’s Affidavit of Nonforeign Status (FIRPTA) form is used if the purchase price is: a. under $200,000. b. over $200,000. c. under $300,000. d. over $300,000.

7. Because it is so quick and can deliver information instantly, which of the following is the most requested form of communication between client and agent?  a. Email b. Texting c. Telegram d. Snail mail

39.  FSBO refers to which of the following?

48. 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 answers are correct.

57. The unconscious tendency to show preference for those who are like us is called: a. blind bias. b. affinity bias. c. cultural bias. d. racial bias.