Arizona Real Estate Salesperson Final Assessment (Qns & Ans) 2026

Arizona Real Estate Salesperson Final Assessment (Qns & Ans) 2026

1. What is the primary purpose of a risk management plan in real
   estate transactions?
    A) To enhance the property's value
    B) To identify and mitigate potential losses
    C) To increase marketing efforts
    D) To comply with zoning laws
    Correct ANS: B
   2. Which of the following is NOT a component of a
   comprehensive risk management strategy?
    A) Risk assessment
    B) Risk avoidance
    C) Risk expansion
    D) Risk transfer
    Correct ANS: C
   3. In risk management, what does the term "risk retention" refer
   to?
    A) Selling a property's risk to a third party
    B) Managing risk through financial reserves
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