TEXAS PROMULGATED CONTRACT

Texas Promulgated Contract Forms Objective Assessment with all Examinable Questions and Confirmed Answers What is misrepresentation? ANSWER An error What is a courts primary objective when interpreting a contract? ANSWER To ascertain and give effect to the intent of the parties What is duress? ANSWER use of force What is it called when all terms in a contract are agreed to by all the parties of the contract? ANSWER Mutual agreement Consideration is also known as what? ANSWER Somet...

Texas Promulgated Contract Forms Preparation Study Guide with 148 an In-Depth Questions and Verified Answers Updated 2024/2025 In 1939, the Texas legislature passed the Real Estate Dealer's License Act (REDLA), which required real estate agents to obtain licenses. This act was administered by the Secretary of State until ANSWER 1949 when the Texas Real Estate Commission (TREC) assumed the administrative responsibilities associated with it. In 1949, the REDLA was changed into the Texas Real E...