Brokers – Chapter 7 Quiz
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Question 1 of 10
1. Question
Most states have four types of agency and they are
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Question 2 of 10
2. Question
The type of agency that give the spouse of a Marine, who is over seas in combat, full authority is know as:
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Question 3 of 10
3. Question
While representing clients, real estate brokers and agents have which agency
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Question 4 of 10
4. Question
There are ____ number of fiduciary duties
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Question 5 of 10
5. Question
All of the following are fiduciary duties except:
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Question 6 of 10
6. Question
A material fact is a fact that would be important to a reasonable person in deciding whether to engage or not to engage in a particular transaction; it is an important fact as distinguished from some unimportant or trivial detail.
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Question 7 of 10
7. Question
All of the following are reasons of termination of agency relationship in real estate except:
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Question 8 of 10
8. Question
A salesperson affiliated with a broker is always employed as an independent contractors
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Question 9 of 10
9. Question
Commissions can be:
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Question 10 of 10
10. Question
To be entitled to a brokerage commission for listing or selling a property, a broker must include all of the following except:
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