1. If a sales associate is an independent contractor

A. The IRS can require the with holding of income tax

B. A sponsoring broker has no right to supervise a sales associate

C. A sponsoring broker has no responsibility for the sales associate

D. The sales staff is exempt from withholding if complient with IRS regulations

2. A licensee represents the seller of a commercial property. The licensee tells the buyer a new highway exit ramp will be built withinn 6 months to give access to property, although he knows that is only one of several possibilities being considered by local planners. The exit ramp is located elsewhere. Could the licensee be liable to the buyer for the statement about the ramp?

A. No, the statement was licensee's opinion

B. No, the cannot be held liable for the planners decision

C. Yes, the statement was unjustifiable puffing

D. Yes, the statement was a material misrepresentation

3. Which of the following actions could result in a disciplinary action by the department

A. Not reporting change of email

B. Not reporting street address

C. Not reporting telephone number

D. Not reporting yearly commission to the department

D. Not reporting