Exam (elaborations)
RECA Fundamentals Unit 5; Questions and Answers 100% Solved
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RECA Fundamentals Unit 5; Questions and Answers 100% Solved What are the two types of laws? Correct answer Statute law: Federal or Provincial law Common law: Laws based on previous decisions on similar matters When you make an agreement/contract with a client is that agreement with you or the brokerage? Correct answer it is not with you, it is with the brokerage There are representative relationships and non-representative relationship relationships. When does it become a representative relationship? Correct answer When they sign a contract or a verbal agreement
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