5 broker may act as an agent for both parties in a transaction only with the permission of A. both parties. B. the Real Estate Commission. C. the purchaser. D. the property owner. 16. What was the salespersons relationship with ABC Realty? A. Agent B. Client C. Subagent D. Finder 17. The salesperson tells the buyer that the seller has turned down two offers of $130,000. This service is a A. customer level service to a buyer. B. client level service to a buyer. e the following data to answer Questions #15 and #16 Realty is representing a seller in the sale of a property. A buyer saw ABC Realty's "For Sale" sign on the lawn of the property. er called a salesperson at XYZ Real Estate and indicated a desire to see the property. The buyer indicates that he has read abou yer representation and would like the salesperson to be his agent. The salesperson explains that XYZ Realty has an agency policy i representing sellers exclusively, but the buyer shouldn't worry because he will do everything a buyer's agent would do anyway. 15. When the salesperson takes the buyer to the property, what will XYZ Realty's agency relationship be in this transaction? A. Single agency - buyer representation B. Single agency - seller representation C. Undisclosed dual agent D. Disclosed dual agent C. service that can be provided to both buyer-clients and buyer-customers. D. service that cannot be provided to either buyer-clients or buyer-customers. 2021 2004465 REE BOXES BAY 1 PRELIT TREE 19. Which of the fiduciary duties continues after the termination of an agency relationship? A. obedience B. reasonable care C. accountability D. confidentiality EDLE 18. A contract between the listing real estate brokerage company and a seller of a property is what type of agency relationship? A. General agent B. Special agent C. Universal agent D. Limited agent 20. Which of the following accurately describes designated agency? A. The broker, as well as all licensees in the broker's employ, represent both the buyers and the sellers B. A licensee represents the buyer when showing another broker's listing. C. The consumer elects to benefit from the knowledge and experience of all licensees in the broked D. The broker is a dual agent, and one or more licensees in the broker's employ may represent th licensees in the broker's employ may represent the seller. rintes. All rights reserved. No part of this booklet may be reproduced in any form by any me S or copies, without written permission from the publisher and copyright holde

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