Under which of the following circumstances has a North Carolina listing broker violated their agency relationship with a seller-client?

A. The listing broker presents the seller with an offer after a contract is pending on the listed property.

B. The listing broker presents the seller with an offer three (3) days after receiving it from the buyer agent.

C. A broker employed by the listing broker presents an offer from their sister and her spouse without disclosing the relationship.

D. The listing broker presents the seller with a low price offer and, at the same time, tells the seller that a higher offer from a different buyer is expected.

Which of the following statements is true regarding the practice of designated agency under North Carolina Real Estate Commission rules?

A. Designated agency provides an optional method of practicing dual agency for real estate firms.

B. The designated agency concept may be utilized by a firm that does not practice dual agency.

C. Under designated agency, the level of representation provided by a firm to seller and buyer clients is less than that typically provided under traditional disclosed dual

agency.

D. Designated agency does not permit a designated agent to protect the confidentiality of personal information about a client represented by the agent.

When preparing to list for sale an owner-occupied residential property in North Carolina, the listing agent should

A. determine what the owner paid for the property and the cost of any major improvements.

B. complete the Residential Property and Owners' Association Disclosure Statement for the property.

C. determine whether the federally required lead-based paint disclosure is applicable.

D. examine the property tax records to determine the square footage of the house.