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Oregon Real Estate | Agency 1 Exam | Questions with 100% Correct Answers | Verified | Latest Update 2026/2027

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Oregon Real Estate | Agency 1 Exam | Questions with 100% Correct Answers | Verified | Latest Update 2026/2027

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Oregon Real Estate | Agency - Master
Deck Exam | Questions with 100% Correct
Answers | Verified | Latest Update
2026/2027

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Practice questions for this set


Learn 1 /7 Study using Learn




Multiple Listing Service (MLS)



Choose an answer



A legal relationship in which
one person (agent)
Agency created by statute
1 represents another 2
or legal requirement.
(principal) in dealings with
third parties.

, A person with whom the
A cooperative system where
3 4 agent deals on behalf of the
brokers share listings.
principal.



Don't know?




Terms in this set (52)



A legal relationship in which Agency
one person (agent) represents
another (principal) in dealings
with third parties.


A special relationship of trust, Fiduciary Relationship
confidence, and responsibility.


A person who employs an Principal (Client)
agent to represent them in
legal or business dealings.


A person authorized to Agent
represent a principal in
dealings with third parties.


A person with whom the agent Third Party (Customer)
deals on behalf of the
principal.

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