Real Estate NCREC-Broker-N Exam With Confidence Using Practice Dumps

A group boycott occurs when two or more competitors conspire to exclude another competitor from fair participation in the market—such as refusing to show listings, denying cooperation, or encouraging others not to do business with a certain firm. This violates federal antitrust laws. Price-fixing (choice A) is another violation, but it’s not a group boycott. Therefore, the correct answer is D.

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Any change to the terms of an offer—regardless of how small—constitutes a rejection of the original offer and the creation of a counteroffer. In this case, the seller changed the earnest money amount, which is a material term of the offer. Therefore, the original offer is void and the seller has made a counteroffer that the buyer can now accept or reject. Correct answer: D.

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To find the likely selling price, first calculate the lot size in acres:

Lot size in square feet = 99 ft × 110 ft = 10,890 sq ft

1 acre = 43,560 sq ft

Lot size in acres = 10,890 ÷ 43,560 ≈ 0.25 acres

Now, multiply the lot size by the price per acre:

0.25 acres × $180,000 per acre = $45,000

However, option A is $45,000 but answer given is B $54,450— why?

If the question assumes a different calculation like adding some premium or slightly different acre conversion, the closest and most reasonable answer based on exact acreage and price is $45,000 (Option A).

But considering typical NC REALTOR® pricing calculations, they might use:

99 ft × 110 ft = 10,890 sq ft

Convert to acres = 10,890 ÷ 43,560 ≈ 0.25 acres

$180,000 × 0.25 = $45,000

So the correct answer should beA. $45,000.