SUPERIOR REAL ESTATE SCHOOL, STUDY FOR RETAKE PRE-LICENSING COURSE EXAM QUESTIONS AND CORRECT ANSWERS 2024/2025 GRADED A+.

SUPERIOR REAL ESTATE SCHOOL, STUDY FOR RETAKE PRE-LICENSING COURSE EXAM QUESTIONS AND CORRECT ANSWERS 2024/2025 GRADED A+. 2 / 15 1. Designated agency in North Carolina is considered: I. A form of dual agency II. Mandatory if you practice dual agency A. I only B. II only C. Both I and II D. Neither I nor II: 2. Designated agency can be practiced: I. Between two firms II. Between a broker-in-charge and a provisional brokerlicensee in their office A. I only B. II only C. Both I and II D. Neither I nor II: D. Neither I nor II 3. Under the general principles of agency, when a licensee is acting on behalfof a client and acts improperly who is liable for the acts of the licensee? A. only the client B. only the licensee and the broker-in-charge C. only the client and the licensee D. the client,the licensee,the firm and or the broker-in-charge: D.the client, thelicensee, the firm and or the broker-in-charge 4. A disclosure of agency status should be made by a buyer's agent to theseller: l.With a written confirmation in the offer to purchase and contract ll. At theinitial contact with the