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PA Juristictional
PA Juristictional
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10 jurisdictional questions for the commonwealth of Pennsylvania
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Questions
10
Answers
1
An exaggeration that does not violate the law is called?
Twisting
Puffing
Constructive fraud
Actual fraud
2
Ken needs to money in his bank so a check he has written will clear. Ken takes the buyers EM and deposits. this is?
Barterring
Conversion
Comingling
Appropriating
3
Knowingly passing along false information is called?
Puffing
Actual fraud
Constructive fraud
Blind ad
4
Emma gets Earl to sign a nine month lease. Which is the best statement
It does not need to be in writing
Statute of frauds requires writing
Realtor code requires writing
The commission requires writing
5
Who issues your license?
The Department
The Broker
The governor
The association of REALTORS
6
Bill posted an ad on social media, he only included his phone number and his name. What do we call this ad?
A blind ad
Actual fraud
Twisting
Constructive fraud
7
The purpose of license law is to?
To protect Brokers
To protect salespersons
To protect the industry
To protect the public
8
Belinda's birthday is January 3rd, when is her license renewal due?
January 15, 2021
May 31, 2022
January 15, 2022
May 31 2023
9
Carla passed her exam, she wants to get started. Where will her license be on display?
Her brokers principal location
Her branch office
The board of REALTORS
Her home office
10
The type of account I would put earnest money?
Demand Account
Broker bank accout
Property management
Corporate account