MORES Missouri Real Estate Salesperson Exam - Set 2 - Part 3

Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.

Question 41: A Missouri broker preparing to close her firm voluntarily lists the steps she must take, and she plans to leave the office telephone listing in place for a few months so former clients can reach her. Which of the following describes what the rule requires?

The listing may remain during wind-down

Advertising and telephone listings must be cancelled

The listing transfers to the acquiring broker

Only exterior signage must come down

Question 42: A licensed Missouri broker dies, and the affiliated licensees at her firm want to finish the transactions already under contract before they transfer their licenses to another firm. Which of the following describes what the rule requires of them?

They may complete transactions already pending

They may work thirty days more

They must cease brokerage activity until transferred

They may work with the estate's consent

Question 43: A Missouri broker receives a written inquiry from the Commission about a transaction and sets it aside, intending to answer once the underlying dispute between the parties settles. Which of the following describes the consequence under the rules?

None, provided she answers before closing

Failing to respond within thirty days

The Commission will resend the inquiry once

A penalty accrues each day of delay

Question 44: A Missouri broker completes a standard purchase contract for her clients by filling in the price, the parties and the closing date, and then adds a modest charge for preparing the paperwork. Which of the following describes that charge?

Prohibited; no separate form fee allowed

Permitted if listed on the closing statement

Permitted if the client agrees in advance

Permitted only where the broker owns it

Question 45: A Missouri salesperson runs a newspaper advertisement for one of her listings showing the property photograph, her own mobile number and the asking price, and nothing else at all. Which of the following describes the rule she has violated?

The prohibition on guaranteed sales advertising

The requirement to state the property address

The blind advertisement prohibition

The requirement to obtain a municipal permit

Question 46: A Missouri salesperson places an online advertisement for one of her listings that includes her own name and her direct telephone number alongside the brokerage name printed at the bottom. Which of the following describes what the rule additionally requires?

The brokerage telephone number must also appear

Her license number must also appear

The advertisement must name the property owner

Her broker must approve it in writing

Question 47: A Missouri salesperson decides to sell a rental house she owns personally, lists it with no brokerage, and runs an advertisement reading simply that the property is for sale by owner. Which of the following describes what the rule requires?

She may advertise as a private owner

She must list it with her broker

She must state that she is licensed

The advertisement must say by owner-salesperson

Question 48: A Missouri brokerage advertises that it will buy a seller's home itself at an agreed price if no third party purchases the property within the listing period. Which of the following describes what the rules require of that arrangement?

A written agreement stating all terms

Prior Commission approval of the plan

A bond covering the purchase obligation

A separate license for the purchasing entity

Question 49: A Missouri broker signs a franchise agreement with a national brand and begins using the franchisor's trade name and insignia across her signage, her advertising and her website. Which of the following describes what the rule requires her to do?

Furnish the Commission a copy

Obtain the Commission's approval of the insignia

Advertise only under her own licensed name

Question 50: A Missouri broker asks whether the Commission's advertising rule contains a separate subsection governing websites, social media posts and text message solicitations, since so much brokerage marketing now happens entirely online. Which of the following describes the correct position?

A dedicated internet subsection was added recently

Internet advertising is exempt from the rule

Social media falls under the franchise rule

The rule is technology neutral throughout

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