California Real Estate Practice Exam

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Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Practice this question and more.

A real estate sales contract entered into by an emancipated minor is:

Invalid
Void
Valid
Voidable

The correct answer is: Valid

A real estate sales contract entered into by an emancipated minor is considered valid. This means that it is legally binding and enforceable. All parties involved must fulfill their contractual obligations. The other options, "invalid" and "voidable", do not accurately describe the legality of the contract. "Invalid" means that the contract lacks legal effect and is not recognized by the law. "Voidable" means that the contract can be cancelled or avoided by one of the parties due to some legal flaw or deficiency. "Void" is also incorrect, as it means that the contract has no legal effect from the beginning.