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10. Question Owners can always sell their property themselves without obligation as to a commission under a a) net listing Ob) exclusive right to sell

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10. Question Owners can always sell their property themselves without obligation as to a commission under a a) net listing Ob) exclusive right to sell listing Oc) exclusive agency listing d) multiple listing 11. Question A court awarded money that was far in excess of the loss suffered by a plaintift. This excess would most likely be a) nominal damages Ob) exemplary damages. O c) compensatory damages d) an equitable remedy 8. Question Which of the following restrictions would likely be enforceable? O a) A prohibition on occupancy by American Indians or Asian-Americans O b) A requirement that the property be for o use that is illegal Oc) A restriction that the property can only be used for religious purposes d) A requirement that the property only be used by a particular farmily's blood baits in perpetuity 9. Question Specific performance will not be granted for a contractual breach if O a) the claim involves real estate. Ob) the consideration is deemed inadequate. c) money damages are not adequate O d) the seller is the one breaching the agreement. 6. Question An agreement of two men to work together and buy, fix up and sell a particular home is most likely a O a) real estate investment trust b) joint venture C) limited partnership d) syndicate 7. Question A modification of escrow instructions would be known as a) on amendment of the escrow instructions b) a codicit c) a rider d) a variance

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