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joseph's Quiz

Authored by joseph griffin

Used 27+ times

joseph's Quiz
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78 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of agency is created when both seller and buyer want their own exclusive representation in a real estate transaction?

Dual Agency

Designated Agency

Transactional Brokerage

I Dont Know

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What Agent is only allowed to provide customer level services

Dual Agent

Buyer Agent

Transactional Broker

Designated Agency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of liability states: Anything you as the subagent knows, Your Agent (BIC) should also know

Vicarious Liability

Several Liability

Joint Liability

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of agent is an agent of an agent considered to be

Special Agent

General Agent

Universal Agent

Transactional Broker

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a fiduciary duty the agent owes a client

Accounting

Loyalty

Competency

Obedience

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What Does a customer owe an agent

Nothing

Honesty

Disclosure

Fairness

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who must we as agents disclose property defects to

Everyone

Only clients

Only Customers

Both Client and Customer

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