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 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 D. Neither I nor II

Under the general principles of agency, when a licensee is acting on behalf of a clie...
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