An unlicensed assistant can properly:

A salesperson's commission is paid by:

Which of the following cannot obtain an alcoholic beverage license?

A fictitious name statement expires:

An advance-fee rental agent must:

Which of the following would be concerned with obtaining a clearance receipt in the sale of a business?

An unlicensed secretary in a real estate office can:

A licensee with a restricted license may be restricted by the Commissioner as to:

A real estate broker's ad must include:

A detailed listing of the physical assets of a business would be found in a(n):

A business balance sheet might include all except:

The Franchise Investment Law could best be described as:

Requirements for licensing as a real estate salesperson includes all except:

The least important element of goodwill is:

An advance fee is:

A retailer can:

A liability of a business would be:

The least desirable business in a shopping center would be a:

Phil pays the Department of Alcoholic Beverage Control $6,000.

A use tax is:

A broker's salespeople are under contract as independent contractors rather than employees. By doing so the brokers will save out of pocket expenses relating to:

Notice of intent to engage in the sale of alcoholic beverages must be posted on the premises for at least:

Which of the following needs a real estate license?

The maximum sale price for resale of a general off-sale license originally issued in July 1, 1959, when the current owner has had the license for only one year, is:

A broker who uses a send-out slip:

To be enforceable, listings of business opportunities:

The financing statement for personal property in the sale of the business would most likely be filed with the:

Turnover refers to:

The notice required under the Bulk Sales Act need not include:

In considering a community shopping center, a developer would be most interested in:

You must have a sales tax permit if you are going to:

Walter, a broker in California, pays a commission to Rita, a broker in Wisconsin who sent him a client.

George manages and leases five separate properties for an out-of-state owner, getting an apartment furnished at one of the locations as part payment for the work.

Real estate licenses are issued for:

What a person pays to develop a property is known as:

Roland, a broker, makes a sale. His license is later revoked. After a revocation, escrow is completed.

The term liabilities of a business refers to:

The ABC will not issue an alcoholic beverage license to:

The state Board of Equalization:

One year ago, Judy received an on-sale general liquor license from the state. She wishes to sell to Greg. The most she can get for the license is:

A large feed wholesaler wishes to sell 100,000 pounds of bulk feed to a dealer. He or she should comply with:

Which of the following incomes would be the highest?

A three-month period for accounting applies to:

Which of the following is true?

Property sold in a bulk sale would be transferred by:

The Franchise Investment Law requires:

A real estate license was issued for only 150 days. The reason for this license period was that:

Which of the following indicates an organization of brokers founded in 1947?

Balancing a bank statement with an account is known as:

One year after his real estate license expired, Henry renewed the license. Which of the following is a true statement?

Sales taxes normally are required to be remitted to the state Board of Equalization:

The California State Sales Tax is:

Accounts payable of a business would be:

Which of the following would not be transferred by a bill of sale?

To sell franchise opportunities, a person must be:

The most reliable income figure for a grocery store that is for sale would be:

Jane purchases a car in Oregon and wishes to license it in California. She is going to be taxed. This tax based on value is:

A real estate salesperson may not:

By checking a profit and loss statement, you would find:

Which of the following properties is likely to have the highest degree of liquidity?

In choosing a location for an office a broker should be most interested in:

The company dollar refers to the:

Goodwill costs for an on-sale or off-sale general alcoholic beverage license less than five years old cannot exceed:

A right to use a marketing plan would be described as a(n):

Compliance with the Bulk Sales Act requires publication at least 12 days prior to the sale in:

A balance sheet would show:

If you were planning a suburban shopping center, one of the first things you would consider is:

An on-sale liquor license may be transferred:

Sales tax would not be collected on:

The term cash flow refers to:

Notice of an intended sale of a business is recorded and published a day prior to sale. The sale is:

A balance sheet would not show:

The most important element of goodwill is:

A business owner fails to remit $1,000 in collected sales tax in a timely manner. He is also guilty of fraud. The maximum penalty he can be assessed is:

A balance sheet shows:

Which of the following is true?

Subtracting the cost of merchandise from gross sales gives:

All of the following terms have something in common except:

State sales tax on the fixtures of a business being sold would never be:

As to the sale of a business in which the Bulk Sales Act Requirements have not been met, which of the following is true?

Colonel Cluck wishes to open franchise stores in California. They have had 25 franchises operating for five years in Arizona. Their net worth is in excess of $5,000,000. They must:

A profit-and-loss statement would not include:

General liquor licenses less than five years old cannot be resold for more than:

A $6,000 fee is:

The term short-rate describes an:

Accounts payable on a balance sheet would show up as:

An unlicensed assistant can:

To have any effect, a bill of sale must:

The goodwill value of a business can be computed by:

A prospective renter paid $300 for a list of rentals. Since a rental was not obtained, the prospective renter asked for the return of the fee seven days later. The agent must return:

To obtain a real estate broker's license under the law, which of the following is required?

Dividing office overhead by the number of salespersons give:

The license of a salesperson working at a branch office is held:

An auctioneer who sells at auction and fails to comply with the Bulk Sales Act:

Accounts payable are in the same accounting category as:

The capital turnover of a real estate investor is __ that of the average vendor.

A valid bill of sale does not require:

Advance-fee broker advertising must be submitted to the Real Estate Commissioner __ days prior to use.

A salesperson leaves a broker. The broker must notify the Real Estate Commissioner:

Turn-key project refers to:

The Bulk Sales Act is part of the:

The successor liability of a business refers to:

A person passing the real estate examination must apply for a license within:

To serve process on a nonresident California licensee who is not in California, a person would serve upon:

When a business is being sold, the term successor liability may become inportant. Real Estate brokers know that this term incolves certain obligations to the:

Since there are county and state sales taxes:

Terri does not require a real estate license if:

A liquor license must be put in use within __ days of initial issuance.

After publication has been made of a sale, the earliest the business can safety be sold is:

As to a business, which of the following is false?

A listing of buildings and outbuildings would most likely be required for a:

An alcoholic beverage license will be issued:

For a fee, Thomas offers to assist Sara in leasing and/or purchasing federal land.

Robert, a developer who is unlicensed, hires Yvonne, a broker, to sell his property. While Yvonne is out of town, Robert shows property, quotes prices, and makes sales.

A certificate of resale is:

Liquidity of a firm would be best described as the ratio of:

A broker may not:

In a sale of a business, sales tax would not be paid on:

Licensees for on-sale and off-sale alcoholic beverage licenses must be fingerprinted, with the exception of:

The acid-test ratio for cash on hand (includes securities readily converted to cash) to current liabilities is: