Superior Real Estate School: Study For
Retake Pre-Licensing Course Exam
Questions And Correct Answers
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
A. I only
Designated agency can be practiced:
I. Between two firms II. Between a broker-in-charge and a provisional broker
licensee in their office
A. I only
B. II only
C. Both I and II
D. Neither I nor II
D. Neither I nor II
,Under the general principles of agency, when a licensee is acting on behalf of 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, the licensee, the firm and or the broker-in-charge
A disclosure of agency status should be made by a buyer's agent to the seller:
l. With a written confirmation in the offer to purchase and contract ll. At the
initial contact with the seller's agent, orally or in writing
A. l only
B. ll only
C. Both l and ll
D. Neither l nor ll
C. Both l and ll
Which of the following would be dual agency?
, A. a broker-in-charge assisting a buyer client in the purchase of property that was
listed by a provisional broker of another firm
B. a provisional broker and a broker licensee from firms that are cooperating in a
transaction
C. a firm that represents buyers and sellers
D. a broker having a buyer client for a property the broker personally listed
D. a broker having a buyer client for a property the broker personally listed
A parcel of vacant land 80 feet wide and 200 feet deep was sold for $200 per
front foot. How much money would an individual agent receive for a 60% share
of the 10% commission earned?
A. $640
B. $960
C. $1,600
D. $2,400
B. $960
A buyer-client has instructed the agent to show only properties where the seller
is willing to pay the buyer agent's commission. The agent contacts an owner
selling a property without the assistance of a real estate agent with the hope that
the seller would be willing to pay her commission if the buyer decided to
Retake Pre-Licensing Course Exam
Questions And Correct Answers
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
A. I only
Designated agency can be practiced:
I. Between two firms II. Between a broker-in-charge and a provisional broker
licensee in their office
A. I only
B. II only
C. Both I and II
D. Neither I nor II
D. Neither I nor II
,Under the general principles of agency, when a licensee is acting on behalf of 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, the licensee, the firm and or the broker-in-charge
A disclosure of agency status should be made by a buyer's agent to the seller:
l. With a written confirmation in the offer to purchase and contract ll. At the
initial contact with the seller's agent, orally or in writing
A. l only
B. ll only
C. Both l and ll
D. Neither l nor ll
C. Both l and ll
Which of the following would be dual agency?
, A. a broker-in-charge assisting a buyer client in the purchase of property that was
listed by a provisional broker of another firm
B. a provisional broker and a broker licensee from firms that are cooperating in a
transaction
C. a firm that represents buyers and sellers
D. a broker having a buyer client for a property the broker personally listed
D. a broker having a buyer client for a property the broker personally listed
A parcel of vacant land 80 feet wide and 200 feet deep was sold for $200 per
front foot. How much money would an individual agent receive for a 60% share
of the 10% commission earned?
A. $640
B. $960
C. $1,600
D. $2,400
B. $960
A buyer-client has instructed the agent to show only properties where the seller
is willing to pay the buyer agent's commission. The agent contacts an owner
selling a property without the assistance of a real estate agent with the hope that
the seller would be willing to pay her commission if the buyer decided to
