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CPPREP4002 – Access and interpret ethical practice in real estate (Release 1)
Case Studies
Case Studies
Page | 1 of 8
© Real Estate Academy Australia
RTO 32426
Version 1.6 – May 2021
CPPREP4002 – Access and interpret ethical practice in real estate (Release 1)
Case Studies
What you need to do: As you have already learned from the previous unit CPPREP4003 - Access and interpret legislation in real estate (Release 1), accessing, reading, interpreting and applying legislation is an integral part of your role in real estate practice. For the following assessment task, you will once again be required to access, read, interpret and apply legislation. Read each case study below and respond to the questions considering which legislation (name of Act or Regulation) is being breached in each scenario. Refer to the relevant Acts and regulations of legislation that are directly and indirectly relevant
to each scenario and ensure you refer to the sections of legislation that you interpreted and applied to each case study.
There are multiple sections of legislation that are relevant in some of the
questions.
Examples of legislation you will need to consider includes but is not limited to Commonwealth legislation such as;
●
Privacy Act 1988 (Cth)
●
Competition and Consumer Act 2010 (Cth)
You will also need to refer to the legislation relevant to your state or territory as covered in Learner Guide CPPREP4003.
You are required to answer all questions correctly. If correct, you will see
‘Satisfactory’ written in your grades section next to the assessment name. If
incorrect, you will see ‘Not Satisfactory’. After grading your working, the assessor
will provide you with a Record of Results to identify any skills gaps and feedback
regarding any required re-submissions. How to Submit your Assessment:
Upload your completed document into your learner portal as per the instructions with
the assessment task.
You can drag and drop the file into the window or use the add file icon in the top left
of the submission window and select the file you wish to upload by using the
browse/choose file option.
Click on “finish attempt” to submit it for grading.
Page | 2 of 8
© Real Estate Academy Australia
RTO 32426
Version 1.6 – May 2021
CPPREP4002 – Access and interpret ethical practice in real estate (Release 1)
Case Studies
Case study 1
Chris is the principal Licensee at City Real Estate. He has built the agency over
the last six years and he has established a strong client base and reputation within
the local region. He has several experienced employed sales agents and agents
holding their registration certificate working for the agency.
Bethany has been working as administration manager for City Real Estate since its
inception and has worked closely with Chris to build the business. She displays a
keen interest in the real estate industry and over the years has developed an
excellent working knowledge of various aspects of an agent’s role. She has
decided to undertake training to obtain her registration certificate.
Chris was recently offered a teaching position at a local TAFE. As a result, he is
spending less time in the office, sometimes not coming into the office for days in a
row. He is confident that the staff will continue to provide excellent service. Last week one of the agents responsible for property management resigned and
Chris has asked Bethany to conduct some urgent rental property inspections and
prepare the condition reports.
a)
Which section(s) of the legislation have been breached under the relevant Act. You must name the legislation and relevant section in your answer. Property Occupations Act 2014 Division 3, Section 97- A person must not act as a property agent unless the person holds a property agent licence, and the act is done under the authority of the person’s licence.
Bethany would need a real estate agent license to conduct rental property inspections and preparing condition report. Without a real estate agent license, Bethany would be in breach of section 16 of the Estate Agents Act 1980.
b)
What advice would you give Bethany and Chris?
My advise is that Bethany completes the necessary training and obtains a license before conducting any real estate agency work. Chris should ensure that all employees are licensed or registered under the relevant legislation before allowing
them to undertake any work.
c)
How will any breach of the Act impact on Bethany’s eligibility to obtain her registration certificate?
The licensing body may consider this breach as evidence that she does not have a
suitable character to hold a license or registration, which is one of the Page | 3 of 8
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Version 1.6 – May 2021
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When you have an exclusive contract with a real estate agent, you can
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ADMN 2906 Discussion Forum #2
In this discussion I would like you to share your experience(s) with workplace
and/or student Health and Safety training that prepared you to be successful in
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For example: What kind of training did you receive? Was it effective? Did you
use your new knowledge at work or at school?
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ADMN 2906 Discussion Forum \#2 In this discussion I would like you to share your experience(s) with workplace and/or student
Health and Safety training that prepared you to be successful in the workplace/academic setting. For example: What kind of
training…
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Submitted to Gradebook, Fri, Oct 4, 2019, 9:34:35 AM (America/New York
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Question 19
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Current Attempt in Progress
A process with no beginning work in process, completed and transferred out 85200 units during a period and had 50100 units in the
ending work in process inventory that were 20% complete. The equivalent units of production for the period for conversion costs were:
O 95220 equivalent units.
O 135300 equivalent units.
O 70200 equivalent units.
O 85200 equivalent units.
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Conduct the below exercise
Step-1: Click the link
The student can use any of the below links to download the same
a) https://www.imf.org/-
/media/Files/Publications/WEO/2021/Update/January/English/data/WEOJan2021updat
e.ashx
b) https://www.imf.org/en/Publications/WEO/Issues/2021/01/26/2021-world-economicoutlook-
update
(And click on download data)
Step-2: Answer the below questions
What do you understand by Real GDP? What is the Real GDP Growth Rate of India and
China in 2019? What is the estimated real GDP growth rate of India and China in 2020?
What is the projected real GDP growth rate of India and China in 2021 and 2022?
What is the estimated 2022 GDP Loss (in percentage) in comparison to pre-covid levels
(January 2020 forecast) in China and Other Emerging Economies in Asia other than
China?
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Acounting Questions
• If the chance to go back in time and change anything about acounting Professionexperience, what would that be?• Do you agree with Donald Schön's teachings that “reflecting-in-practice is essentialfor life-long learning and professional development”?
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WEEK 7: 25 OCTOBER - 31 OCTOBER
Case study 2
Separate groups: 5
My Submissions
Case 2
Title Start Date Due Date Post Date Marks Available
Case study 2 - Case 2 27 Oct 2020 - 08:00 28 Oct 2020 - 06:00 28 Oct 2020 - 19:00 100
Summary:
On Chapters 9, 10, and 11:
The YuRaeKa charity was established in 1960. The charity’s aim is to provide support to children from disadvantaged backgrounds who wish to take part in sports such as tennis, badminton, squash, basketball and football.
YuRaeKa has a detailed constitution[1] which explains how the charity’s income can be spent. The constitution also notes that administration expenditure cannot exceed 10% of income in any year.
The charity’s income is derived wholly from voluntary donations. Sources of donations include:
(i) Cash collected by volunteers asking the public for donations in shopping areas,
(ii) Cheques sent to the charity’s head office,
(iii) Donations…
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Conceptual Question
Ito Ltd. receives a local government grant to help defray the cost of its plant facilities.
The grant is provided to encourage Ito to move its operations to a certain area.
Explain how the grant might be reported. Your answer must be supported by referring
to relevant accounting standards.
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Ethics case: Uncollectible Accounts
Introduction
The purpose of this discussion forum is to give you an opportunity to apply your critical-thinking ability to the knowledge you’ve gained. The assignment provides you with an opportunity to develop your research, analysis, judgment, and communication skills. You also will work with other students, integrate what you’ve learned, apply it in real-world situations. This practice will broaden your knowledge and further develop your decision-making abilities. The assignment achieves learning objective 5.
The assignment information is given below;
You have recently been hired as the assistant controller for Stanton Industries, a large, publicly held manufacturing company. Your immediate superior is the controller who, in turn, is responsible to the vice president of finance. The controller has assigned you the task of preparing the year-end adjusting entries. In the receivables area, you have prepared an aging of accounts receivable and have…
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DANIE
Bailey is a Namibian fisherman who works in a newly established organisation called Shimano
Manufacturers. This organisation was founded by Mr Sage in late 2012. It specialises in the catching
and processing of fresh salmon to manufacture fish cakes for the retail industry across the country.
Bailey earns a basic wage rate of N$60 per hour. Shimano manufacturers operate eight hours a day,
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Hal Management
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Explain an agency problem for a corporation with examples, and Identify means by which the firm can help reduce or
eliminate that problem.
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Question 15
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Concord Industries has equivalent units of 7100 for materials and for conversion costs. Total manufacturing costs are $124370. Total
materials costs are $91000. How much is the conversion cost per unit?
O $17.52.
O $4.70.
$12.82.
O $30.33
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E Chapter 5 Homework
Question 6 of 6
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The comparative balance sheets of Constantine Cavamanlis Inc. at the beginning and the end of the year 2020 are as follows.
CONSTANTINE CAVAMANLIS INC.
BALANCE SHEETS
Dec. 31, 2020
Jan. 1, 2020
Inc./Dec.
Assets
Cash
$ 45,000
$ 13,000
$32,000
Inc.
Accounts receivable
91,000
88,000
3,000
Inc.
Equipment
39,000
22,000
17,000
Inc.
Less: Accumulated Depreciation-Equipment
17,000
11,000
6,000
Inc.
Total
$158,000
$112,000
Liabilities and Stockholders' Equity,
Accounts payable
$ 20,000
$ 15,000
5,000
Inc.
Common stock
100,000
80,000
20,000
Inc.
Retained earnings
38,000
17,000
21,000
Inc.
Total
$158,000
$112,000
Net…
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E Chapter 5 Homework
Question 5 of 6
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The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of
the transactions listed below as:
1.
Operating activity-add to net income.
2.
Operating activity-deduct from net income.
3.
Investing activity.
4.
Financing activity.
5.
Reported as significant noncash activity
The transactions are as follows.
Transactions
Classifications of Activities
(a)
Issuance of common stock.
(b)
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(c)
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A SUPPLEMENTARY ASSESSMENT X +
9 x E-leaming Portal Namibia Unive X
https://elearning.nust.na/elearn/mod/quiz/attempt.php?attempt3D1039817&cmid%=D261006&page=D19
s/ BAC1200 / General / SUPPLEMENTARY ASSESSMENT (SECOND OPPORTUNITY)
Bailey is a Namibian fisherman who works in a newly established organisation called Shimano
Manufacturers. This organisation was founded by Mr Sage in late 2012. It specialises in the catching
and processing of fresh salmon to manufacture fish cakes for the retail industry across the country.
Bailey earns a basic wage rate of N$60 per hour. Shimano manufacturers operate eight hours a day,
five days a week, fifty-two weeks per annum. Employees also work one Saturday every month for five
hours which is considered a normal overtime remunerated at 1.5 times the normal rate. The
organisation's policy is to award employees a birthday bonus of N$10 000. Employees are entitled to
twelve days annual leave and there are seventeen public holidays a year. Both the…
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Good morning
Please answer Questions
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thank in advance
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A. The National Association of Realtors trademark
B. the Brokers individual real estate license number
C. the name of the sole proprietor with a firm with which the broker is affiliated
D. A disclaimer that all the information on the website is believed to be true but is not guaranteed
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