1: The notary finalizes the transaction between the buyer, the seller, and the appraiser
True
False (I put false)

2:When will the nominal rate per annum be greater than the effective rate of return?
a. This is not possible (i put this)
b. when there is no compounding at all per annum
c. When the compounding period per annum is negative
d. When the compounding period per annum is between zero and one

3:Which of the following is a variable in the time value of money calculations?
a. Payment
b. Purchase price
c. Down payment
d. a and b (i put this)

4:The law of agency discusses the different types of real estate listings permitted by law and certified by the broker.
True
False (i put this)

5: The third party agrees with the principal to hie the same broker to minimize the broker's commission, which must be paid when broker brings in a ready, willing and able buyer
True
False (this)

6:The notary does not have to payout the commissions if the trasnaction did not materialize even if the buyer wants to buy and has the money for it.
True
False (this)

7: The exclusive right-to-sell listing means that the owner can sell the property and does not have to pay the commission to the agent.
True
False(this)

8: All costs are required to be accumulated before the calculations of capital cost allowance. This concept is called:
a. gross income multiplier
b. deferred annuity
c. overall capitalization rate (this)
d. put-in-use

9: Rent income is less certain when compared with other income and that is probably one of the reasons why real estate investments are less risky than the other investments in the market
True (this)
False


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