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NYS COLIBRI REAL ESTATE FINAL EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS

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NYS COLIBRI REAL ESTATE FINAL EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS Expressed Agency - Answer -An agency created in a written or oral agreement General Agent - Answer -One who is authorized by a principal to represent the principal in a specific range of matters Fiduciary - Answer -Person in a position of trust, held by law to high standards of good faith and loyalty Fiduciary Duties - Answer -care, obedience, accounting, loyalty, and disclosure COALD Group Boycott - Answer -An organized refusal by competing businesses to deal with a particular "target" person or business Implied Agency - Answer -Agency that exists as a result of actions of the parties

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