California Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

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.

What would an employment agreement between a salesperson and a broker cover?

Compensation, supervision and duties
Client lists
Personal goals
Business expenses

The correct answer is: Compensation, supervision and duties

An employment agreement between a salesperson and a broker generally covers the terms of compensation, supervision, and duties. This is because the agreement is a legally binding contract that outlines the expectations and responsibilities of both parties involved. This includes details about how much the salesperson will be paid, how they will be supervised and what their job duties are. Options B, C, and D are incorrect because they are not typically included in an employment agreement between a salesperson and a broker. Client lists, personal goals, and business expenses may be addressed in other agreements or discussions, but are not typically covered in this specific type of agreement.