Oregon Real Estate Exam — Deck 9:
Agency & Brokerage | Questions with
100% Correct Answers | Verified | Latest
Update 2026/2027
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Practice questions for this set
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Principal
Choose an answer
A person authorized to act
The client who authorizes an
on behalf of another (the
1 agent to represent their 2
principal) in dealings with
interests.
third parties.
, The six legal duties owed by
Created through a written or
an agent to a client: loyalty,
spoken agreement (e.g.,
3 4 obedience, disclosure,
listing or buyer-broker
confidentiality, accounting,
agreement).
and reasonable care.
Don't know?
Terms in this set (42)
A person authorized to act on Agent
behalf of another (the
principal) in dealings with third
parties.
The legal relationship Agency
between a principal and an
agent.
The client who authorizes an Principal
agent to represent their
interests.
The person who has entered Client
into an agency relationship
with a broker (principal).
Agency & Brokerage | Questions with
100% Correct Answers | Verified | Latest
Update 2026/2027
Save
Practice questions for this set
Learn 1 /7 Study using Learn
Principal
Choose an answer
A person authorized to act
The client who authorizes an
on behalf of another (the
1 agent to represent their 2
principal) in dealings with
interests.
third parties.
, The six legal duties owed by
Created through a written or
an agent to a client: loyalty,
spoken agreement (e.g.,
3 4 obedience, disclosure,
listing or buyer-broker
confidentiality, accounting,
agreement).
and reasonable care.
Don't know?
Terms in this set (42)
A person authorized to act on Agent
behalf of another (the
principal) in dealings with third
parties.
The legal relationship Agency
between a principal and an
agent.
The client who authorizes an Principal
agent to represent their
interests.
The person who has entered Client
into an agency relationship
with a broker (principal).
