1151 Laws of Agency Questions and Answers Already Passed

1151 Laws of Agency Questions and Answers Already Passed Most lawsuits involve issues of who did or did not represent whom. The number of lawsuits.. a. are increased b. are decreased c. have stabi d. are not allowed a. are increased We study agency bc: a. the TREC requires people wishing to be licensed take an Agency class b. only brokers study agency c. only attorneys should study agency d. the client is required to take a class in agency a. the TREC requires.... The broker working with a buyer customer and representing the seller through the seller's broker is a(n): a. buyer b. seller c. subagent d. intermediary c. subagent All parties to the transaction must be treated honestly and fairly, but a fiduciary relationship is owed to: a. the customer b. the client c. everyone d. no one b. the client After the agency relationship has been established, the broker is the agent of the ____________, and the sponsored salesperson is the agent of the ____________. a. buyer -- tenant b. broker -- client c. client -- broker d. none of the above c. client -- broker An agent who may perform any acts or transactions the principal may perform is a: a. universal agent b. special agent c. seller agent d. general agent a. universal agent The TRELA does not require disclosure if a death occurred on a property: a. by natural causes b. by suicide c. in an accident unrelated to the condition of the property d. all the above d. all the above Something that affects the property of the health of the residents of the property is called a(n): a. psychological stigma b. exception c. physical stigma d. none of the above c. physical stigma Info about Brokerage Services must be given to potential buyers, sellers, tenants, and landlords: a. at the time of the first meeting b. after the listing is taken c. at the closing d. at the first substantive dialogue about a property d. at the first substantive dialogue about a property How many companies are required in a subagency relationship? a. 13 b. 9 c.