Course 2 Quiz 2

Ethics proceed law ? A. True B. False

Answer: A, True

Familial Status became a protected class under the ? A. Civil Right s act of 1866. B. 1988 Fair Housing Amendment Act. C. Civil rights Act of 1964 . D. ADA

Answer: B, 1988 fair Housing Amendment Act.

Steering is commonly associated with ? A. Appraisers B. Lenders C. Sellers D. Buyers

Answer: D, Buyers

This federal law Prohibits all discrimination on the basis of race only ? A. Civil rights act of 1866. B. Civil Rights Act of 1964. C. Civil rights Act of 1968. D. Civil Rights Act of 1964

Answer: A, Civil Rights Act of 1866.

The unlawful appropriation of another's property or funds is known as ? A. Conversion B. Escrow C. Rescission D. Novation

Answer: A, Conversion

A long term physical of Mental Impairment, or condition, that substantially limits a person's major activities is known as/ an ? A. Disability B. Ailment C. Injury D. Detriment

Answer: A, Disability

Blockbusting is also known as panic selling ? A. True B. False

Answer: A, True

Discrimination in advertising is covered under the Civil Rights Act of 1968 ? A. True B. False

Answer: A, True

The use of prejudice to instill fear, or panic, in order to motivate individuals in a particular area or neighborhood to sell or dispose of the their property because of the entrance, or potential entry, of the a protected class is known as ? A. Steering . B. Blockbusting. C. Redlining D. Testing.

Answer: B Blockbusting.

In order to be considered a senior living residence, At least 80% of the units must be occupied by persons _______ Years or older. A. 51 B. 55 C. 65 D. 75

Answer: B, 55

Any Real Estate Agent can call themselves a Realtor ? A. True B. False

Answer: B, False

This federal law requires the disclosure to borrowers of settlement (closing) procedures and costs by means of a pamphlet and forms prescribed by the United States Department of Housing and Urban development (HUD) ? A. Fannie Mae B. RESPA C. Sherman Anti-Trust Act D. Full Disclosure Act

Answer: B, RESPA.

Which of the following is considered a support or service animal ? A. Personal Pet. B. Seeing-eye-dog . C. Adopted Pet . D. All The Above.

Answer: B, Seeing-eye-dog.

Real Estate brokers are required to maintain each Transaction for at least how many years? A. 1 B. 2 C. 3 d. 4

Answer: C, 3 .

Public Accommodations For Handicapped individuals is required under the ? A. Executive order 11603 B. Civil Rights Act of 1964 C. American With Disabilities Act D. Civil Rights Act of 1968

Answer: C, Americans With Disabilities Act.

The refusal to lend money within a specific area for a various reasons is known as ? A. Steering. B. Blockbusting. C Redlining. D. Testing.

Answer: C, redlining.

A landlord is not allowed to charge an increased security deposit for a tenant with a service animal. A. True B. False

Answer: A, True

The Sherman Anti-Trust act prohibits which of the following ? A. Price Fixing B. Market allocation C. Group Boycotting D. All The Above

Answer: D, All The Above.

The Fair Housing Act is also known as the Rumford Fair housing ? A. True B. False

Answer: B, False.

Money, or other things of value, that a real estate agent receives on behalf of the principle or any other person involved in a transaction are known as? A. Escrow B. Agent C. Trust Funds D. Fiduciary Funds

Answer: C, Trust Funds.

A federal law protecting the rights individuals with physical or mental impairments is known as the ? A. Civil Rights Act of 1866 B. Civil Rights Act or 1964 C. Civil Rights act of 1968 D. Americans With Disabilities Act

Answer: D, Americans With Disabilities Act .

Using racial, Ethnic or religious criteria in suggesting recommending, and/or influencing individuals regarding locations for the purchase or rental of a single family residence or rental dwelling is known as ? A. Steering. B. Blockbusting. C. Redlining. D. Testing.

Answer: A, Steering.

This federal law prohibits discrimination on the basis of race, sex, color, national origin, or gender in any housing program receiving federal money. A. Civil Rights Act of 1866. B. Civil Rights Act of 1964. C. Fair Housing Act of 1968. D. Civil Rights Act of 1974.

Answer: B, Civil Rights Act of 1964.

This federal law prohibits discrimination in the sale, rental, financing, or appraisal of housing on the basis of race, color, religion, gender, national origin, handicap, or familial status ? A. Civil Rights Act of 1866. B. Civil Rights Act of 1964. C. Fair Housing Act of 1968. D. Civil Rights Act of 1974.

Answer: C, fair Housing Act of 1968.

Which of the following is considered an illegal action under the fair housing laws ? A. Steering B. Blockbusting C. Redlining D. All the above

Answer: D, All The Above.

Moral principles that a person's or groups behavior are known as ? A. Ethics B. Laws C. Rules D. Beliefs

Answer: A, Ethics

Which of the following is prohibited in housing whenever federal funds were involved ? A. Executive Order 11603. B. Civil Rights act of 1866 C. Americans With Disabilities Act. D. Civil Right of 1977.

Answer: A, Executive order of 11603.

This court cased determined it was unconstitutional to refuse to sell a house on the basis of race ? A. Roe V. Wade B. Brown V. education. C. Plessy V. Ferguson . D. Jones V Mayer.

Answer: D, Jones V Mayer.

The illegal mixing of personal funds with money held in Trust on behalf of a client is known as ? A. escrow B. Novation C. Consideration D. Comingling

Answer: D, comingling.

A federal legislation including the imposition of Civil and Punitive Damages for anti-trust Activities is known as ? A. Sherman Anti-Trust Act. B. Corporate Anti-Trust Act. C. Business Anti- trust Act. D. RESPA.

Answer: A, Sherman Anti-Trust Act.