MORES Missouri Real Estate Salesperson Exam - Set 3 - 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 licensee whose license was suspended has completed the full suspension period and now applies to the Commission for reinstatement of an active license. Which of the following describes a condition the Commission's rule allows it to attach?

A bond covering future transactions

Completion of education or an examination

A permanent restriction to commercial practice

Supervision by a court-appointed monitor

Question 42: A Missouri broker is asked by the Commission to explain how she handled a closing, and the request arrives by mail at the address on file. Which of the following describes the deadline for her written response and the consequence of missing it?

Thirty days; missing it is a ground

Sixty days, with an automatic extension available

Ten days, then automatic suspension

No deadline, since responses are voluntary

Question 43: A Missouri licensee is disciplined by another state's regulator for conduct that would also warrant discipline in Missouri, and she assumes the Missouri Commission cannot act on a matter arising out of state. Which of the following corrects that assumption?

Only if the conduct occurred here

Only after the other state finalizes

Only if a Missouri consumer complains

Another state's discipline is itself a ground

Question 44: A Missouri salesperson closes a transaction and gives the buyer a copy of the signed contract two months later, after the buyer has asked for it twice by email. Which of the following describes the disciplinary ground that delay implicates?

Failure to timely deliver duplicate originals

Failure to timely account for client money

Misrepresenting sale terms to a lender

Failure to maintain separate client accounts

Question 45: A Missouri licensee tells a prospective investor that a condominium unit she is currently selling will appreciate enough to guarantee him a healthy profit on resale within about two years of closing. Which of the following describes that statement?

Permitted if based on published market data

Permitted where the investor signs an acknowledgment

A ground for guaranteeing future profits

Permitted as an expression of professional opinion

Question 46: A Missouri broker is convicted of mortgage fraud, and her attorney explains that this single conviction reaches her license through more than one separate provision of Chapter 339 of the Missouri statutes. Which of the following describes that reach?

It is a disciplinary ground only

A disciplinary ground and mandatory revocation offense

It affects only her escrow authority

It bars renewal but not practice

Question 47: A Missouri licensee fails to pay a civil penalty the Commission imposed on her, and the matter is eventually referred to the Attorney General for collection. Which of the following describes what the statute adds to the amount owed?

A fifteen percent surcharge and annual interest

Court costs and attorney fees only

A doubling of the original penalty

A daily late charge until payment

Question 48: A Missouri broker asks where the money goes when the Commission collects a civil penalty from a disciplined licensee, assuming that it must simply fund the Commission's own operations and staff. Which of the following corrects that assumption?

It is paid to the complaining consumer

It goes to the Commission Fund

It goes to the state school fund

It funds continuing education scholarships

Question 49: A Missouri broker is served with an investigative subpoena requiring her to produce transaction records and to appear and testify, and she questions whether the Commission holds that power at all. Which of the following describes the statutory authority?

Subpoenas require a circuit court order first

Subpoenas may reach records but not testimony

Only the Attorney General may issue subpoenas

The Commission subpoenas records and witnesses

Question 50: A Missouri consumer believes her agent steered her away from certain neighborhoods because of her national origin, and she wants both the agent disciplined and the discrimination itself addressed. Which of the following describes where those two complaints belong?

The Human Rights Commission alone

The Real Estate Commission alone

Human Rights and Real Estate Commissions

The Administrative Hearing Commission directly

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