Course Length: 6 Hours
CE Credit: Risk Management / Consumer Protection
You will have up to ONE (1) year from the date of purchase to access and complete this course.
Also part of Ed-Pak 45
This course is designed to demonstrate that risk management should be viewed as a positive strategy that will provide for increased profits. Any risk that develops into a problem will necessarily cost money to solve. The course introduces the student to the concept of risk and potential consequences that risk presents if not managed properly. The student is introduced to the three main areas of legal liability: contract, tort and violation of law. Then the specific major areas of risk are discussed in detail. These risks are grouped for discussion purposes under agency, fair housing, environmental issues and anti-trust law. The course also provides the student with a strategy, which if followed, will assist the licensee in minimizing risk and thereby increasing profit.
This course is composed of approximately 96 pages of text and review quizzes following each course chapter. The course is divided into 6 chapters. A review quiz of 7 questions follows chapters 1 through 6. A quiz score of 70% or greater is required prior to being allowed to proceed to the quiz for the next course section. The 7 quiz questions are selected from a bank of questions and may be in either true/false, multiple choice or fill in the blank format. If the quiz is not passed the first time, 7 more questions are selected from the bank of questions at random. A score of 70% will be required prior to being allowed to proceed to the quiz for the next course chapter. All review exercises are open book. At the end of the course, a final examination is required. The final examination consists of 40 questions and is open book. The questions are selected at random from a bank of final exam questions. The questions may be in either in a true/false, multiple choice or fill in the blank format. The specific mix of questions will be selected by OnlineEd's testing software. A test score of 75% or greater is required for course completion. The final exam must be completed in 60 minutes. All unanswered questions at the end of the 60 minute period will be graded as incorrect. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after the final examination has been completed. The final exam test results will not be displayed to the student.
DRE Disclaimer Statement
This course is approved for continuing education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.