Are online courses right for me?

I am considering taking an online course because:

Is the account where the payroll taxes for withholding is placed.
Is a separate account established to hold money belonging to others.
Should have the words "Operating Account" in its account identification

A broker manages three properties for different owners. One property is in need of emergency repairs, but the owner does not have enough money in the management escrow account to cover the cost of the repairs. The broker uses excess funds from another owner’s account for the emergency, then replaces the funds later with a check from the first owner. Which of the following is true?

The broker has acted properly by safeguarding the client's interest.
Such action is proper when the management account balance is sufficient.
The broker is in violation of regulations for improperly handling escrow funds.
The broker must use personal funds for repair if there is not enough money in the management account.

Which of the following forms of payment would be considered good funds?

Savings and Loan teller's check
Electronic transfer of funds
Cashier's check
all of the above

A broker writes checks from the trust account into his operating account.

the broker is commingling and could have his license revoked
the broker may be netting earned commission against earnest money deposits
the broker is taking a negative ledger short cut, which is okay, but not advised
all of the above.

A trust account must:

have the words "trust" or "escrow" after the type of account.
be an FDIC account that is state or federally chartered.
be reconciled monthly by the broker.
all of these.

I would describe my personal style as:

capital gains
rental income
excessive assets
authorization to file for homestead rights

Money belonging to others best describes:

money a broker would keep in a trust or escrow account.
future commissions to be earned.
buyer's source of funds for a down payment.
the profits to come from a real estate transaction.

An example of conversion could be?

Using earnest money to pay for any personal use.
Keeping client money separate from other accounts.
Releasing trust accounts as specified by contract.
Returning client funds when both parties agree in writing.

My technology skills are:

Putting funds in the wrong account, either business or personal.
Putting money into a client's trust account.
Keeping accurate records.
Reconciliation errors.

What is the purpose of trust or escrow, accounts?

to provide an account that is separate from operational or personal accounts.
to make interest on client funds.
to comingle easily.
all of the above.

In a purchase agreement, fixtures transfer with the title while personal property must be included to transfer to the buyer. An encumbrance that also automatically transfers with the land is

a freestanding stove, dishwasher, or refrigerator.
the tenant's emblements.
an appurtenant easement.
trade fixtures currently being used and attached to the property.

A legal arrangement under which the title to real property is held to protect the interests of a beneficiary is

A trust
A corporation
A limited partnership
A general partnership

Are online courses right for me?

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