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1. A contract that is entered into by a person who is under the age of contractu

ID: 2649438 • Letter: 1

Question

1. A contract that is entered into by a person who is under the age of contractual capacity is:

A. voidable.

B. void.

C. valid.

D. unenforceable.

2. All of these are violations of federal antitrust laws EXCEPT

A. allocation of customers

B. Group boycotting

C. commission splitting.

D. tie-in agreements

3. An appraiser's role is to

A. set price

B. average value

C. determine value

D. estimate value

4. A person who is designated by the principal in a broad range of matters category of activities.

A. general agent

B- Designated agent

C. facilitator

D-special agent

5. The salesperson

Explanation / Answer

Answer:1 B. void.

Answer:2 C. commission splitting.

Answer:3 C. determine value

Answer:4 A. general agent

Answer:5   B. $6,149.00

Answer:6 D. Progression

Answer:7 C. 126.5

Answer:8 C. an alienation clause

Answer:9 D. Constructive notice

Answer:10 D. Abstract of title