Question Completion Status QUESTION 10 The duties of a fiduciary, acting as an agent for one party in a transaction, damand that the agent O encourage customers to trust him O be faithful and observant to the trust of all parties O be faithful and observant to the trust in him by his client O be careful to get a mutually satisfactory transaction concluded QUESTION 11 The amount of commission to be pald to the buyer's broker by the seles as a condition to a sales contract between the seller and the buyer, is defermined by O TREC rules regarding commission splits O negotiations between the seller and his Inating broker O seller negotiations with the barger's broker O sales contract terms agreed to by buyer and seller QUESTION 12 A misrepresentation can be made by acts of O integrity Q competency QUESTION 13 A broker can accept compensation from both buyer and seller under what conditions? O whenever broker deskes if total commission amount is reasonable if both parties consent after full disclosure of the multiple compensation 45 most unexpected broker additional oxpintosBlackboard Question Completion Suits QUESTION 14 What is a comedy available in the event a bicker acts in an informedary slates = that chichours or consent? O kown of Icanse QUESTION 15 O Interstate commercial bansactor O boredand property sen QUESTION 16 O when selling broke deans inactuary O burns manage with living broker QUESTION 17 who can pay thee buyer's broke's hel C OhLY employing cl QUESTION INQUESTION 18 If a lifting booker receives an offer from a buyer's broker in which the buyer's broker's for is to be paid by the seller, the lating broker should O wojtat the offar O bcease the living ke 3 present the offer to the seller J. cross out the buyer's broker's foo QUESTION 19 A broker would have the right is ne-godate which of the Islowing with an independent contacton? hours word O commission rate Q work schedule QUESTION 20 QUESTION 21 The Mienand 's becker MUST be employed to recover ace bow MUST sbeen living pike for saleQuestion Completion Status: QUESTION 22 Reckless dorogaed for wuth with intent to obtain a financial advantage over another is a definition of O fraud O pulling D creative financing O just compensation QUESTION 23 The legal relationship between a broom and a buyer is generally which type of agency? QUESTION 24 The broker's respons bility to beep thy pincipal informed of all of the lasts that cend chart s bansaction is the duty at O obadance QUESTION 25 A book in CANNOT legally collect comminions bom both the weber and the buyer without O notifying both parties of this flow in writing after the rely wan doied Q prior knowledge and anton consent of seller onlyQUESTION 26 Which of the following is NOT required to create an agency relationship? O delegation of authority by the principal O acceptance of the authority by the agent O reliance upon the agent by the principal O compensation of the agent by the principal QUESTION 27 Which of the following may create an undisclosed accidental agency by the broker? O agroding to relist the property for a customer price to dosing O arranging a ban NOT favorable to the client 3 Muchusing a transaction to favor a customer O all of the above QUESTION 28 The tucker's legal and ethical obligation under a beyer representation cantrust In to medebate: O a salo at the price and forms Mated in the listing contract O the BEST possible transaction for this chant O my Warnsaction he can get the buyer is agree to O ONLY what the seller bated the property for QUESTION 29 Which of the following is NOT regulated by TRELAY O broker's conduct O chant's conduct Fuck Save and Submit to name and rabmir. Chick Sare .All Aruaru fo rays l' universBRICKboard Question Completion Suter QUESTION 30 The agent's duty to disdays fad to a buyer/principal arises because the O agent b duclary O commission is subject to adjustment according to the agent's efforts Subde of Frauds requires it QUESTION 31 Which of the following would be comildered an intumoday bicker? O becker acting for a buyer and showing solevcustomer properties O brokers cooperating with each other O sales made through a multiple lasting service Q one broker representing buyer and seller QUESTION 12 A licensed broker who lite and sets the ran property to a customer MUST O. well at the lated price reduce the sales price by the amount of the opinion tate O mily TREC of the sinis O notty the ontomen that he h the corner of the property QUESTION 33 Open violated hint agency relationship with the sofar Q was unitical but the weaker de pil ta vel the property C. acted Improparty to obtain a quick offer on the property Q founded the bideciary duty to declare a material lauk about the property QUESTION 14W Question Completion Status QUESTION 36 The relationship of a brobar to her employing beyer is that of a O webagent QUESTION 39 A broker acting an an agent of the terror Q is obligated to render faithful service to the seller Q can make a profit if powbly in addition to the commission without line principals knowledge can change market area without buyer's approval O MUST advice and counsel buyer in har BEST interest QUESTION 40 A. buyif may be label for the acta and representation of each of the tohelp? D Ining broker O buyer's biker QUESTION 41 Wa boobie han in eachriley right to ispresent apoem QUESTION 42Question Completion Haha: QUESTION 42 Ared entate bcarries working with a tenant being in an apartment may encourage the tenant to buy a home and break the lease on the apartment. O True QUESTION 43 Although a weber's whagent is NOT printed, a buyer's teske is parmired to copedate the sale of lease of red property ath the canner brewing that the owner has a witten outstanding contact priming muchthe agency Is another becker QUESTION 44 A becher attempting to secure a living bom arezer, b NOT stepped to tell the rever that he already han s brooklyn by the pooperty who has plans to bary the property and mull it for more than the hi pike QUISTION 45 QUESTION 40W/Question Completion Statuda QUESTION 47 Oral buyer representation agreements can be enforced through court actions. QUESTION 48 A buyer representation agree on MUST contain a dofinke termination dak according to TRELA O True QUISTION 47 Burger in presentation agreements obtained by a licensed sales agent are considered to be the the agents pun ropesportstom QUISTION 59 QUESTION S1 A buyer who employs a batter in caled a cunbones True" Question Completion Status: QUESTION 52 An agency agreement in NOT terminated by mental incapacity of the buyandprincipal O False QUESTION $3 A multiple biting agreement h an example of intermediary agency QUESTION 54 False QUESTION SE QUITTION 56 Barper ropessantellon agreement in Alwwe's an eachaire right to-resumedQUESTION 55 O True A buyer's broker MUST give the seller at least oral notification of buyer representation when showing the selffor's property to a client when the seller is present without representatle O False QUESTION 56 Buyer representation agreement b ALWAYS an exclusive right-to represent O True O False QUESTION 57 A lasting broker can split toes with a buyor's agent without buyer's knowledge. O True O Falun QUESTION 58 A buyer's representative owes the duty of loyally to the seller True QUESTION 59 Any notice pivon a buyer's broker is considered Imposed notice to the buyer Chell Babe and Submit to pave and submit. CEL Sare All Answers to pave all annceri