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Gold coast real estate: chapter 4 Questions And Answers 100% correct Verified
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Common Law, Statutory, and Administrative Law Types of Laws Unwritten law; based on the decision of civil courts Common Law Civil courts may impose fines of compensatory damages and in some cases punitive damages. Agency Law civil fines Compensatory damages Additional monetary penalty Punitive damages Enforced by criminal courts; often monetary fines, but most commonly though of in terms of imprisonment Statutory Law FREC; DBPR; Overseeing authoritative agencies Administrative Law Employer of an agent Principal Does not need to be formal nor documented Agency relationships Authorized under agency law to perform a single act; The employment contract establishes limit of authority granted special agent Has the principals authority t
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Gold Coast EXAM STUDY Questions And Answers 100% correct Verified
