A candidate is preparing for the Arkansas real estate salesperson examination administered by PSI. She wants to know exactly how many questions are on the state portion and what score she needs to pass. Which of the following correctly states the number of state questions and the minimum passing score for the Arkansas state portion?
Correct Answer
D) 50 questions; must answer at least 38 correctly
The Arkansas state portion of the PSI salesperson examination consists of 50 questions, and candidates must answer at least 38 correctly (76%) to pass. This passing threshold is higher than the national portion's 70% requirement (56 out of 80), making the state portion a more demanding section proportionally.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
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