RIRES Rhode Island Real Estate Salesperson - Set 4 - 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: An owner authorizes several brokerages at once to market a Warwick duplex, agreeing to pay a commission only to whichever firm actually produces the buyer, and owing nothing if the owner sells it independently. Which listing arrangement does this describe?
Question 42: A new licensee memorizes the seven classes protected by the federal Fair Housing Act: race, color, religion, national origin, sex, disability, and familial status. Which of the following characteristics, though protected under many state laws, is NOT one of those seven federal classes?
Question 43: A seller signs an agreement giving one brokerage the sole right to market a home, promising the firm a commission if the property sells during the term no matter who ultimately finds the buyer. Which type of listing does this describe?
Question 44: One federal statute, enacted as Title VIII of the Civil Rights Act of 1968 and enforced by HUD, prohibits discriminatory conduct throughout most residential real estate transactions nationwide. By what commonly used name do practitioners refer to this particular law?
Question 45: A Woonsocket owner sells a home entirely on their own, using no broker at all, and rejects a qualified offer solely because the buyer is Black. Which single federal law bars this racial discrimination with absolutely no exemptions, reaching even this private sale by the owner?
Question 46: During a Warwick closing, a buyer asks the sales associate to explain the legal effect of a deed restriction and to draft a clause protecting her interest. Absent an attorney's license, what limitation controls how the associate may respond to this request?
Question 47: Several competing brokers meet privately and agree that they will all charge sellers the same commission rate rather than compete on price. Under federal antitrust law, this agreement among competitors to set a uniform commission constitutes which per se violation?
Question 48: Two brokers each claim the commission on a sale, and a dispute arises over which one actually earned it. Resolution turns on identifying the broker who set in motion an uninterrupted chain of events leading to the sale. This principle is known as what?
Question 49: A salesperson commits fraud during a Pawtucket sale, and the injured buyer sues not only the salesperson but also the employing broker, even though the broker knew nothing of the wrongdoing. The broker's potential responsibility for the agent's act illustrates which legal doctrine?
Question 50: A salesperson wants to cold-call area homeowners to solicit new listings but worries about federal telemarketing rules. Before dialing consumers whose telephone numbers appear on the national registry, what must the salesperson generally do in order to comply with do-not-call requirements?
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