RES QNS

RES QNS

1st - 3rd Grade

40 Qs

quiz-placeholder

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RES QNS

RES QNS

Assessment

Quiz

Other

1st - 3rd Grade

Practice Problem

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40 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Kevin still has five months remaining on a one-year apartment lease.

When Kevin moves to another country, he transfers possession of the

apartment to Louis for the remaining term of the lease. Louis pays

rent directly to Kevin. In this situation Kevin is

assigning his lease

sub-letting

doing a novation for his lease

early transfer

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Negligent misrepresentation arises

when the agent purposely omits material facts

when the agent knowingly says the wrong things to influence a

purchaser

when the agent did not exercise care in ascertaining the accuracy of

information he provides to the purchaser

when the agent had an intention to cheat the purchaser

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Adrian (Mr A), a real estate salesperson, is having coffee with his

client Betty (Ms B). A friend of Betty’s, Carol (Ms C) dropped by

and asked Mr A about the property market. Mr A expressed a

gloomy outlook for the market. On hearing that, Ms C proceeded

to sell her property herself. However, she soon realized that her

house could fetch a higher price. Ms C was furious and wanted to

sue Mr A under tort of negligence

No, Mr A was merely giving his personal opinion on the property

market

Yes, under Tort Ms C need not have a contractual relationship with

the defendant Mr A; she needed only to prove that Mr A ought to

have exercised care when giving his view on the market, knowing

that Ms C would rely on what he said

Yes, the Tort of Negligence basically protect innocent house

owners against all forms of economic losses resulting from

professional negligence, e.g. when real estate salespersons advised

house owners

No, there were no contractual obligations between the two parties

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The following remedy can be sought for in a breach of contract:

Injunction

Specific performance

Damages

All are the above

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Which statement(s) is/are true about a fraudulent

misrepresentation?

(i) where a false representation has been made knowingly, or without

belief in its truth, or recklessly as to its truth

(ii) For fraudulent and negligent misrepresentation, the claimant may

claim rescission and cannot claim damages

(iii)For fraudulent and negligent misrepresentation, the claimant may

claim rescission and damages

(i) and (iii)

(i) and (ii)

(i) only

(ii) only

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

___________________ is an injury caused by an omission, rather

than an affirmative act, on the part of the tenant. This type of waste

might occur, for example, if a tenant permits a house to fall into

disrepair by not making reasonable maintenance repairs.

Equitable waste

Permissive waste

Voluntary waste

Ameliorating waste

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

________________ refers to a situation where a tenant makes

repairs and improvements on property that increase the value of

the property, but, did not ask permission of the landowner or any

future interest holders to make these improvements.

Permissive waste

Voluntary waste

Ameliorating waste

Equitable waste

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