Superior Real Estate School: Study for Retake Pre-Licensing Course Exam QUESTIONS & CORRECT ANSWERS UPDATED&ALREADYPASSED

Superior Real Estate School: Study for Retake Pre-Licensing Course Exam QUESTIONS & CORRECT ANSWERS UPDATED&ALREADYPASSED Designated agency in North Carolina is considered: I. A form of dual agency II. Mandatory if you practice dual agency A. I only B. II only C. Both I and II D. Neither I nor II - ANSWER : A. I only Designated agency can be practiced: I. Between two firms II. Between a broker-in-charge and a provisional broker licensee in their office A. I only B. II only C. Both I and II D. Neither I nor II - ANSWER : D. Neither I nor II Under the general principles of agency, when a licensee is acting on behalf of a client and acts improperly who is liable for the acts of the licensee? A. only the client B. only the licensee and the broker-in-charge C. only the client and the licensee D. the client, the licensee, the firm and or the broker-incharge - ANSWER : D. the client, the licensee, the firm and or the broker-in-charge