In California, the Majority of the Laws That Regulate the Real

question 4

Multiple Choice

In California, the majority of the laws that regulate the real estate industry originate from:

• A) Commissioner's Code of Ethics
• B) legislation passed by the California Legislature
• C) the Treaty of Guadalupe Hidalgo
• D) the Business and Professions Code

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Definitions:

Administrative Action

Proceedings and activities carried out by government agencies to enforce laws, regulations, and policies.

Final Order

The final decision of an administrative agency on an issue. If no appeal is taken, or if the case is not reviewed or considered anew by the agency commission, the administrative law judge’s initial order becomes the final order of the agency.

Federal Agencies

Entities established by the United States government to oversee and manage specific tasks and duties outlined by federal laws.

Public Concern

Matters that are of general interest or importance to the community at large.