1. What is the earliest case that reached Supreme Court involving real estate?

a. Behn,Meyer & Co vs. W.T Nolting and Angel Garcia

b. Ben, Neyer & Co vs. W.T Nolting and Angel Garcia
c. Behn,Meyer & Co vs. W.T Nothing and Angel Garcia
d. Behn,Meyer & Co vs. W.T Nolting and Angel Locsin
Answer: Letter A.
Explanation: It was Behn,Meyer & Co vs. W.T Nolting and Angel Garcia
Timestamp: 1:15/13:55
2. How much does Behn Meyer & Co. have to pay to W.I. Nolting, as the Collector of
Internal Revenue demanded?
a. Php 380
b. Php 480
c. Php 580
d. Php 680
Answer: Letter C.
Explanation: The sum of Php 580, covering the years 1906 to 1912, inclusive, and
the penalty for delinquency.
Timestamp: 4:08/13:55
3. What was the business of Behn, Meyer and Co.?
a. Rice mills
b. Junkshop
c. Buy and sell of copra, hemp and native products
d. Poultry
Answer: Letter C.
Explanation: The Behn, Meyer and Co. engaged in Buy and sell of copra, hemp, and
native products
Timestamp: 3:39/13:55
4. What is the Act that aims to provide for the support of the insular, provincial and
municipal governments, by internal taxation.
a. Act No. 1198
b. Act No. 1189
c. Act No. 1819
d. Act No. 1918
Answer: Letter B.
Explanation: The Collector of Internal Revenue, under the direction of the Secretary
of Finance and Justice, shall have general superintendence of the assessment and
collection of all taxes.
Timestamp: 6:26/13:55
5. Based on Act. No. 1189, what is the amount of taxes a real-estate broker should pay?
a. Eight pesos
b. Eighteen pesos
c. Eighty-eight pesos
d. Eighty pesos
Answer: Letter D.
 Explanation: According to Act 1189, the amount of taxes of broker should pay is Php
80.00
6. A ________ is generally defined as one who is engaged, for others, on a commission,
negotiating contracts relative to property with the custody of which he has no concern;
the negotiator between other parties, never acting in his own name, but in the name of
those who employed him; he is strictly a middleman and for some purposes the agent of
both parties.
a. Appraiser
b. Broker
c. Negotiator
d. Consultant
Answer: Letter B.
Explanation: . A broker is generally defined as one who is engaged, for others, on a
commission, negotiating contracts relative to property with the custody of which he
has no concern; the negotiator between other parties, never acting in his own name,
but in the name of those who employed him; he is strictly a middleman and for
some purposes the agent of both parties.
Timestamp: 8:43/13:55

7. Broker as an agent employed to make bargains and contracts between other persons, in
matters of trade, commerce or navigation, for a compensation commonly called
___________.
a. business
b. Brokerage
c. Appraisal
d. developer
Answer: Letter B.
Explanation: Broker as an agent employed to make bargains and contracts between
other persons, in matters of trade, commerce or navigation, for a compensation
commonly called brokerage.
Timestamp: 9:16/13:55
8. A real estate broker _____________.
a. Drafts legal contracts
b. Advertise products
c. Negotiate the purchase and sale of real property
d. None of the above
Answer: Letter C.
Explanation: A real estate broker negotiate the purchase and sale of real property
Timestamp: 10:45/13:55
9. By a contract of __________, a person binds himself to render some service or to do
something in behalf of or at the request of another person.
a. Agency
b. Brokerage
c. Sale
d. Lease
 Answer: Letter B.
Explanation: By a contract of brokerage, a person binds himself to render some
service or to do something in behalf of or at the request of another person.
Timestamp: 12:26/13:55
10. When was the case Behn,Meyer & Co vs. W.T Nolting and Angel Garcia instituted?
a. November 8, 1916
b. December 18, 1916
c. November 18, 1926
d. December 18, 1926

Answer: Letter A
Explanation: The case instituted way back November 8, 1916
Timestamp: 1:13/13:55