Texas Law of Agency (FINAL EXAM) Questions And Answers
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Course
Texas Law Of Agency
Institution
Texas Law Of Agency
Texas Law of Agency (FINAL EXAM) Questions And Answers
Price fixing, boycotting and redlining are violations of - ANS Federal Antitrust Laws
Errors and omission insurance covers brokers and agents for - ANS mistakes made in in listing and sales activities
When presenting an offer to lis...
Price fixing, boycotting and redlining are violations of - ANS Federal Antitrust Laws
Errors and omission insurance covers brokers and agents for - ANS mistakes made in in listing
and sales activities
K
When presenting an offer to listing agent, the buyer's agent should NOT - ANS Disclose that
the buyer is willing to pay more
C
The listing broker should NOT disclose - ANS A registered sex offender lives next door
LO
One time showing agreements apply to - ANS a specific buyer ONLY
Which act would NOT lead to suspension or revocation of license - ANS Deliberately withhold
info that the seller has AIDS
YC
Initial meeting with prospective client with nonexclusive single agency is best described as -
ANS Broker counsels the buyer or the seller
Rules of TREC are found in the - ANS Texas Occupation Code
Agency created by actions is known as - ANS Implied agency
D
Underlying principle found in almost all code of ethics is - ANS The golden rule
U
Example of psychological stigma that may have an affect on a property - ANS Child
molestation occurring on property
ST
Under DTPA the consumer must prove conduct was committed knowingly, they CANNOT collect
for - ANS Mental anguish
Seller will list you only if you do not reveal swimming pool has concealed crack - ANS decline
the offer
Listing broker must submit which offers - ANS All of these
Commission paid to a cooperating broker is determined by - ANS listing seller and broker
Agent owes fiduciary duties to all except - ANS Customer
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