When a real estate licensee employs a non-licensee, the licensee must be careful to make sure that:
A. activities requiring a real estate license are performed only by the licensee
B. the employee's activities are limited to those permitted by the Real Estate Guide to Non-licensee Activities
C. the non-licensee only discusses available properties but does not negotiate with parties
D. the non-licensee accepts only advance fees, rather than commissions
Answer: A. activities requiring a real estate license are performed only by the licensee
Explanation: An unlicensed employee of a real estate licensee may not perform or be compensated for activities for which a real estate license is required. The correct name of the guide is Guidelines for Unlicensed Activities; they are guidelines only and not a complete list of permitted activities.
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All of the following are tools for representing the Logical To-Be model of an information system except a(n):
A) program chart. B) data dictionary. C) entity-relationship diagram. D) data flow diagram.
Which of the following would not be classified as a knowledge work system?
A) Computer-aided design B) 3D visualization system C) Investment workstations D) Virtual reality system E) Digital asset management system