Exam (elaborations)
Law Of Agency / Chapter 11 &12 Test Questions And Answers With Verified Solutions 100% Correct!!!
- Course
- Institution
Law Of Agency / Chapter 11 &12 Test Questions And Answers With Verified Solutions 100% Correct!!!
[Show more]
Content preview
Law Of Agency / Chapter 11 &12 TestQuestions And Answers With Verified
Solutions 100% Correct!!!
1. Puffing - ANSWER✔✔ c. Using adjectives and opinions rather than
details or facts
2. Disclosure - ANSWER✔✔ e. Informing the customer of material facts
relating to a property
3. Statutory Defenses - ANSWER✔✔ a. Arise out of law
4. Misrepresentation - ANSWER✔✔ b. An assertion or statement by words or
conduct that is not in accordance with the facts.
5. DTPA - ANSWER✔✔ d. A Texas law that was passed in 1973 that
allows an aggrieved consumer to sue a seller
of goods for damages.
1. _____ Producing cause - ANSWER✔✔ e. Proof that omission brought about
injury
3. _____ Statutory defenses - ANSWER✔✔ b. Arise out of law
4. _____ Goods - ANSWER✔✔ e. Proof that omission brought about injury
, 2. _____ Puffing - ANSWER✔✔ c. Marketing using adjectives and opinions
5. _____ Services - ANSWER✔✔ a. Brokerage
The Deceptive Trade Practices Act is a federal law. - ANSWER✔✔ f/Texas law
Real estate license holders are rarely sued under an
action of DTPA. - ANSWER✔✔ f/ Real estate license holders are sued, it tends to
be due under an
action of DTPA
All sellers have an obligation to disclose any known
material defects to a buyer. - ANSWER✔✔ t
A court of law cannot suspend or revoke and agent's
license under a DTPA violation. - ANSWER✔✔ t
In Texas, the agent is always responsible for the accuracy of the Seller's Disclosure
Notice - ANSWER✔✔ f/ In State of Texas requires the seller
. Claims filed under DTPA will be thrown out if there
is no indication of intent to do harm. - ANSWER✔✔ f
Stating that an item is "new" or "original" when it is
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller classhub. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now