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Humber College PREX-1060A Exam With Confidence Using Practice Dumps

Exam Code:
PREX-1060A
Exam Name:
Exam 4: Invigilated Theory Exam
Certification:
RESP Pre-Registration Phase
Vendor:
Humber College
Questions:
120
Last Updated:
Sep 15, 2025
Exam Status:
Stable
Humber College PREX-1060A

PREX-1060A: RESP Pre-Registration Phase Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the Humber College PREX-1060A (Exam 4: Invigilated Theory Exam) exam? Download the most recent Humber College PREX-1060A braindumps with answers that are 100% real. After downloading the Humber College PREX-1060A exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the Humber College PREX-1060A exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the Humber College PREX-1060A exam on your first attempt, we have compiled actual exam questions and their answers. 

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Exam 4: Invigilated Theory Exam Questions and Answers

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Question 1

A salesperson should know how to gather key information about a new commercial condominium, including the size of a unit. Which of the following sources of information should a salesperson rely on?

Options:

A.

A surveyor’s certificate for the unit

B.

An opinion from the seller's lawyer

C.

A sketch of the seller’s floor layout

D.

An opinion from the property manager

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Question 2

When discussing the sale of a business and establishing the asking price, there are questions a salesperson must ask the owner. Which of the following is one of them?

Options:

A.

Is there any easement on the property?

B.

Is the ownership of the building a corporation or a partnership?

C.

What is the construction cost of the building?

D.

Is inventory included in the sale of this business?

Question 3

In regard to the adjusted book value/asset valuation method of valuing a business, which of the following is correct?

Options:

A.

A company’s adjusted book value should be equal to the actual market value of the business.

B.

The adjusted book value method should not be used when the sale of a business is being implemented or is under consideration.

C.

A company’s adjusted book value is entirely unrelated to its net worth.

D.

The adjusted book value method takes goodwill into account when establishing the value of a business.

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