Express implied customary - Study guides, Class notes & Summaries

CON 3900 Exam Questions and Answers 100% Verified Express Actual Authority: - answerAuthority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: - answerauthority to do what is usual, customary and necessary to accomplish the action. No express agreement Apparent Authority: - answersomeone reasonably believes an individual has the authority to act on the behalf of the government Delegation of authority: - answerhe FAR and states ...

CON 3900 Exam Questions and Answers 100% Verified Express Actual Authority: - answerAuthority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: - answerauthority to do what is usual, customary and necessary to accomplish the action. No express agreement Apparent Authority: - answersomeone reasonably believes an individual has the authority to act on the behalf of the government Delegation of authority: - answerhe FAR and states ...

Express Actual Authority: - Answer Authority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: - Answer authority to do what is usual, customary and necessary to accomplish the action. No express agreement Apparent Authority: - Answer someone reasonably believes an individual has the authority to act on the behalf of the government Delegation of authority: - Answer he FAR and states that each authority is delegable ...

RECA Quiz Review Questions and Answers Rated A Which of the following describes a competent real estate professional? A) A real estate professional who agrees to provide services that they are incapable of performing B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently C) A real estate professional who represents a client in matters that are beyond their expertise D) A real estate professional who holds a valid authorization fr...

Reca Practice Again with Questions and Answers When considering a buyer's qualifications , a lender will use the 5 " C's " to evaluate the borrower's ability to repay a loan . The 5 " Cs " are : Character , Capacity, Continuance Capital, Credit Capacity, Continuance, Capital, Collateral, Credit Capital, Credit, Collateral, Capacity, Character ANSWER Capital , Credit , collateral , Capacity , Character The definition of " amperage " is : The rate of electrical flow . E...

Which of the following describes a competent real estate professional? A) A real estate professional who agrees to provide services that they are incapable of performing B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently C) A real estate professional who represents a client in matters that are beyond their expertise D) A real estate professional who holds a valid authorization from RECA and is registered with a brokerage in Al...

Which of the following describes a competent real estate professional? A) A real estate professional who agrees to provide services that they are incapable of performing B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently C) A real estate professional who represents a client in matters that are beyond their expertise D) A real estate professional who holds a valid authorization from RECA and is registered with a brokerage in Al...

Express Actual Authority: correct answers Authority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: correct answers authority to do what is usual, customary and necessary to accomplish the action. No express agreement Apparent Authority: correct answers someone reasonably believes an individual has the authority to act on the behalf of the government Delegation of authority: correct answers he FAR and states that each authori...

Law of Agency-Final Exam Review (2024/2025) Already Graded A What are the minimum services an agent must offer; According TRELA subchapter 1101.557b states a broker representing a party or listing real estate for sale is the party's agent and 1. May not instruct another broker to directly or indirectly violate the sub chpt-1101.65b22, 2.Must inform the party if the broker Receives material information related to the transaction to list, buy, sell, or lease the parties real estate, including th...

Reca Practice Again Exam Questions With Verified Answers When considering a buyer's qualifications , a lender will use the 5 " C's " to evaluate the borrower's ability to repay a loan . The 5 " Cs " are : Character , Capacity, Continuance Capital, Credit Capacity, Continuance, Capital, Collateral, Credit Capital, Credit, Collateral, Capacity, Character - answerCapital , Credit , collateral , Capacity , Character The definition of " amperage " is : The rate of electrical flow . ...