EXAM : Law of Agency - Champions 2025/2026 ACTUAL
COMPLETE REAL EXAM QUESTIONS AND ACCURATE
ANSWERS ( VERIFIED ANSWERS) |ALREADY PASSED!!
Which of the following requirements must be satisfied if a
broker seeks to enforce payment of a commission? - ANSWER-
The broker must have a valid real estate license, The broker
must have a signed employment agreement with a promise by
the client to pay a commission, The broker must be the
procuring cause of sale
A broker is obligated to treat which of the following
fairly? - ANSWER-
customers, sellers,
clients
A licensee not associated with the client's broker but who is
representing the
client through a cooperative agreement with the client's broker
is known as a: -
ANSWER-
subagent
, In Texas, Worker's Compensation must be paid for real
estate agents by
brokers: - ANSWER-
false
There can be a policies and procedures manual for a real
estate agent who is an independent contractor. However, -
ANSWER-The broker cannot require mandatory compliance
A signed employment agreement is necessary to: -
ANSWER-sue for
commission
An agent in ABC Realty has a listing that is being sold by a
buyer's agent whose license is also with ABC Realty. The
broker will most likely: - ANSWER-Appoint the associates to
represent their parties under intermediary rules
The listing that allows the seller to list the property with
multiple competing brokers at the same time and to sell the
property personally without paying any broker a fee is a(n): -
ANSWER-open listing
COMPLETE REAL EXAM QUESTIONS AND ACCURATE
ANSWERS ( VERIFIED ANSWERS) |ALREADY PASSED!!
Which of the following requirements must be satisfied if a
broker seeks to enforce payment of a commission? - ANSWER-
The broker must have a valid real estate license, The broker
must have a signed employment agreement with a promise by
the client to pay a commission, The broker must be the
procuring cause of sale
A broker is obligated to treat which of the following
fairly? - ANSWER-
customers, sellers,
clients
A licensee not associated with the client's broker but who is
representing the
client through a cooperative agreement with the client's broker
is known as a: -
ANSWER-
subagent
, In Texas, Worker's Compensation must be paid for real
estate agents by
brokers: - ANSWER-
false
There can be a policies and procedures manual for a real
estate agent who is an independent contractor. However, -
ANSWER-The broker cannot require mandatory compliance
A signed employment agreement is necessary to: -
ANSWER-sue for
commission
An agent in ABC Realty has a listing that is being sold by a
buyer's agent whose license is also with ABC Realty. The
broker will most likely: - ANSWER-Appoint the associates to
represent their parties under intermediary rules
The listing that allows the seller to list the property with
multiple competing brokers at the same time and to sell the
property personally without paying any broker a fee is a(n): -
ANSWER-open listing
