Texas Law of Agency

Front

One who acts for and with authority from another, called the principal, is known as a/an…?

Back

Agent

Front

Which of the following can legally employ a real estate salesperson to work on their behalf…? A real estate broker, A real estate associate, Another real estate salesperson, An associate broker

Back

A real estate broker

Front

The Information About Brokerage Services form is presented by the broker to the…?

Back

Prospective Client

Front

Which of the following has the highest authority in an agency relationship…? Associate licensee, Real estate salesperson, Associate broker, Real estate broker

Back

Real estate broker

Front

A real estate broker may sponsor which of the following…? Real estate salesperson, Associate broker, Associate licensee

Back

All of the above

Front

Statutory law is derived from which of the following…? Court decisions, Judge rulings, Common actions

Back

Legislation

Front

Agency between a broker and principal is created through a/an…?

Back

Listing Contract

Front

A real estate broker works for which of the following in a transaction…? Options: All of the Above, The Principal, The Customer, The Lender

Back

The Principal

Front

The party the agent brings to the principal as a seller or buyer of the property is known as a/an…?

Back

Customer

Front

If an individual works as an associate broker, who must they work under…?

Back

A Sponsoring Broker