How much of the license fee is refunded to the applicant

Assignment Help Operation Management

Reference no: EM133277409

Assignment:

1.) An owner selling his house himself goes with a buyer to a Missouri real estate office to ask the broker to prepare their sales contract.??In this situation the broker should?

A. handle the transaction but charge no fee for her services

B. Handle the transaction but charge no more than the standard fee for her services

C. Refused to handle the transaction unless the seller is willing to pay commission

D. Refused to handle the transaction because she is not acting as a broker for either of the parties

2.) On October 1st of an odd numbered year, a Missouri real estate sales person license is surrendered. How much of the license fee is refunded to the applicant?

A) None

B) One quarter

C) 1/2

D) The entire amount

3.) The Missouri real estate commission receives an anonymous letter Stating that a Licensee is in violation of the license law. Three days later the commotion receives an anonymous telephone call regarding the same licensee but a different violation. Is the commission required to investigate these accusations.

A) No, because the commission can only investigate if a notarized statement is provided.

B) No, because it is at the commissions Discretion to Initiate an investigation of an anonymous complaint

C) Yes, because accusations were made anonymously

D) Yes, because at least one of the concerns was in writing

Reference no: EM133277409

Questions Cloud

What is the amount we expect aetna to allow : Our Aetna contract states that we are to be reimbursed $700 per MRI scan. An Aetna cardholder comes to the hospital to have one MRI done on January 1.

Criticism of public figures be protected in democracy : Considering recent defamation proceedings in Australia brought by public figures. Why should criticism of public figures be protected in a democracy?

What is the product strategy of the iphone : Who is the target customer of the iPhone and what is price strategy of the iPhone? What is the product strategy of the iPhone?

Analyze the effectiveness of the new proposal : Analyze the effectiveness of the new proposal brought before the Nursing home in the state of Louisiana during an emergency evacuation.

How much of the license fee is refunded to the applicant : On October 1st of an odd numbered year, a Missouri real estate sales person license is surrendered. How much of the license fee is refunded to the applicant?

Maintain knowledge of compliance requirements : Maintain knowledge of compliance requirements. Sharing information with colleagues and peers.

Determine which exploit-type strategies : Can apply each of the following models: PROFIT, VRIO, and SWOT, so as to determine which 'Exploit-type strategies' will keep them ahead of the competition.

Involved interpretation of regulation : Provide a summary of a legal case decided in Illinois federal court that involved the interpretation of a regulation.

Develop marital problem : Stephen and Mary develop marital problems when Stephen becomes intimately involved with his best friend, David.

User Account

All Pages