Texas Law of Agency Quiz Questions (120 questions)
Authored by Tituba Adams
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120 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One who acts for and with authority from another, called the principal, is known as a/an...?
Agent
Attorney
Employee
Partner
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an individual works as an associate broker, who must they work under...?
An associate licensee
An associate broker does not work under anyone
A real estate salesperson
A sponsoring broker
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Information About Brokerage Services form is presented by the broker to the...?
Associate agent
Escrow agent
Agent
Prospective client
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Agency between a broker and principal is created through a/an...?
Listing contract
Purchase contract
Independent contractor agreement
Any of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The party the agent brings to the principal as a seller or buyer of the property is known as a/an...?
Partner
Customer
Associate
Associate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following can legally employ a real estate salesperson to work on their behalf...?
An associate broker
A real estate broker
Another real estate salesperson
A real estate associate
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following has the highest authority in an agency relationship...?
Real estate salesperson
Real estate broker
Associate licensee
Associate broker
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