Practice Tests For IT & Nursing
Question # 56

An executory contract is one that:

Options:

A.

Has been fully performed

B.

Is signed but not fully performed

C.

Is unenforceable

D.

Exists only verbally

Question # 57

Which approach is most appropriate for appraising a shopping mall?

Options:

A.

Cost approach

B.

Income approach

C.

Sales comparison approach

D.

Gross rent multiplier

Question # 58

Which practice is prohibited by the Fair Housing Act?

Options:

A.

Charging higher rent based on credit score

B.

Refusing to rent to families with children

C.

Requiring security deposits

D.

Rejecting tenants with pets

Question # 59

Which of the following is NOT required for a valid deed?

Options:

A.

Legal description

B.

Grantor’s signature

C.

Recording in public records

D.

Delivery and acceptance

Question # 60

When a broker mixes client trust funds with personal funds, it is called:

Options:

A.

Commingling

B.

Conversion

C.

Puffing

D.

Blockbusting

Viewing question 12 out of 15 questions


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