I can only assume that the receiver near that tire, reads the signal generated from the in-wheel sensor. So when you rotate the tires, the tire in the location it ends up at, sends it's signal and is received by the receiver nearby. The sensor only sends the signal a short distance so the Front Right receiver cannot "read" the sensor in the Front Left wheel.
So don't worry about it.
There is calibration of the system, that is done by the dealer at delivery.
I think I know what you mean. The current Nissan Altima has a TPMS reset button if the tire pressure readings are off, but Honda/Acuras do not have it.
Just to clarify, the Altima does not have TPMS sensors in each wheel. It measures the wheel rotation (how many times the wheel turns per second) and it estimates the PSI in each tire. The idea is that tires with low PSI rotate faster/slower than tires with high PSI. But when the PSI reading is inaccurate, you have to press the reset button. Honda/Acura vehicles actually use TPMS sensors which do not require this.