_____________ means that, if a single agent within the firm is running with each buyer and
dealer, some other agent within the company desires to be introduced into the transaction so
appointments may be made.
A. No middleman
b. Intermediary without appointments
c. Cooperative sale
d. Intermediary with appointments only - ANS-D
_____________ makes use of adjectives and evaluations as opposed to details or statistics and
isn't taken into consideration misrepresentation.
A. Phishing
b. Commingling
c. Puffing
d. Pyramiding - ANS-C
_______________ means that the predominant will defend the agent from suffering a loss due
to the agent's reliance on information received from the principal.
A. Performance
b. Trust
c. Indemnification
d. None of the above - ANS-C
_________________ method that, if a unmarried agent in the firm is working with both customer
and vendor, some other agent in the firm wishes to be delivered into the transaction so
appointments may be made.
A. No middleman
b. Intermediary without appointments
c. Cooperative sale
d. Intermediary with appointments simplest - ANS-D
A dealer can require a salesperson to work set hours.
A. True
b. False - ANS-B
,A dealer has the power to terminate an corporation agreement early,
a. Without purpose
b. For private reasons
c. If the main changed into no longer cooperating with the broking's efforts to marketplace the
belongings
d. None of the above - ANS-C
A dealer has the strength to terminate an agency agreement early:
a. Without reason
b. For non-public reasons
c. If the primary is not cooperating with the dealer's efforts to marketplace the belongings
d. None of the above - ANS-C
A dealer is obligated to treat which of the subsequent pretty?
A. Customers
b. Sellers
c. Clients
d. All of the above - ANS-D
A broking need to have _________ to act as an intermediary.
A. Oral consent
b. Written consent
c. The consent of every agent in a transaction
d. All of those are accurate - ANS-B
A broker who acts as an middleman in a transaction:
a. May divulge that the owner will be given a fee much less than the asking charge if she or he
feels that it's far the right element to do
b. May divulge any confidential information that she or he deems will assist sell the property
c. Shall treat all events honestly
d. None of the above - ANS-C
A brokerage company that practices Buyer-Agency only has lots of middleman transactions.
A. True
b. False - ANS-B
A business exercise won't be moral, although it's miles prison.
,A. True
b. False - ANS-A
A purchaser is:
a. Anyone trying to view houses
b. Someone who needs to list a domestic with a dealer
c. Someone who needs to buy a home and is on a time line to accomplish that
d. None of the above - ANS-C
A client's agent:
a. Represents the client
b. Is constantly the intermediary
c. Signs a Seller's Disclosure
d. None of the above - ANS-A
A client/tenant illustration settlement creates a ___________ organization courting with the
dealer.
A. Universal
b. Special
c. General
d. None of the above - ANS-B
A agreement among an insurance enterprise and a broker/licensee.
A. Defamation
b. Geographic Farming
c. Demographic Farming
d. Policy and manner
e. Errors and omissions coverage - ANS-E
A court docket of law can't droop or revoke an agent's license beneath a DTPA violation.
A. True
b. False - ANS-A
A file that addresses broking and customer protection, listing, and settlement files and licensee
obligations.
A. Defamation
b. Geographic Farming
c. Demographic Farming
, d. Policy and procedure
e. Errors and omissions policy - ANS-D
A fiduciary dating is based totally upon:
a. Customer regulations
b. Lies pendens
c. Trust
d. All of those - ANS-C
A wellknown agent has less authority than a prevalent agent.
A. True
b. False - ANS-A
A licensee has a listing with a seller and has a buyer's representation settlement signed with a
customer who desires to purchase this agent's listing. How is the agent operating?
A. As an appointed companion in an intermediary dating
b. As a non-appointed partner in an middleman relationship
c. Outside the regulation
d. This is an fantastic scenario - ANS-B
A licensee has no duties to a purchaser.
A. True
b. False - ANS-B
A licensee is not answerable for a misrepresentation or a concealment of a fabric truth made by
a party to a real property transaction if the vendor did no longer reveal it to the agent.
A. True
b. False - ANS-A
A licensee is not answerable for a misrepresentation or a concealment of a fabric reality made
via a party to a real property transaction if the seller did not expose it to the agent.
A. True
b. False - ANS-A
A licensee is not required to offer the IABS when the licensee meets with a celebration who is:
a. Not represented
b. Represented via some other licensee
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