Real Estate Principles II Midterm Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
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Course
Real Estate Principles
Institution
Real Estate Principles
To be enforceable, which element is required in an exclusive right-to-sell listing?
a. Consideration
b. Writing
c. Lawful purpose
d. All of these
-:- d. All of these
Which of the following listings does NOT require the agent to use diligence to locate a
buyer?
a. Exclusive agency
b. ...
Real Estate Principles II Midterm Questions &
100% Correct Answers- Latest Test | Graded
A+ | Passed
To be enforceable, which element is required in an exclusive right-to-sell listing?
a. Consideration
b. Writing
c. Lawful purpose
d. All of these
✓ -:- d. All of these
Which of the following listings does NOT require the agent to use diligence to locate a
By attaching and signing an arbitration agreement to the Exclusive Authorization and Right
to Sell, the seller and broker agree to
a. waive their rights to arbitrate.
b. arbitrate disputes if directed to by the court.
c. binding arbitration of disputes.
d. nonbinding arbitration of disputes.
✓ -:- c. binding arbitration of disputes.
The broker did not give the principal a copy of the listing. The broker did not violate law or
regulations because the listing was an
a. exclusive agency listing.
b. exclusive right to represent listing.
c. exclusive right to sell net listing.
d. open listing.
✓ -:- d. open listing.
4|Page | Grade A+| 2024/2025
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