Choose the One Most Appropriate Answer for Each

question 27

Multiple Choice

Choose the one most appropriate answer for each.
-a person who is licensed to bring about real estate transaction for a fee, but who do so only in the employment of a real estate broker

• A)broker
• B)continuing education
• C)employment contract
• D)fictitious business name
• E)franchisee
• F)independent contractor
• G)licensee
• H)nonresident license
• I)notice of consent
• J)principal broker
• K)real estate commission
• L)real estate salesperson
• M)REALTOR®
• N)REALTOR-Associate®
• O)realty board
• P)recovery fund
• Q)revoke
• R)sales associate
• S)securities license
• T)suspend

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Definitions:

Ground Rules

Agreed-upon guidelines or principles set by a group to govern individual behavior and group interactions during meetings or collaborative efforts.

Formal Agreement

A legally binding contract or arrangement specified in a formal document between parties.

Affect-based

Relating to, influenced by, or arising from emotions or feelings rather than logical reasoning or factual evidence.

Feelings and Emotions

Internal subjective experiences that are often a response to an individual's environment or thoughts.