EstatePass
AgencyListingsMEDIUM

Listing broker gave negotiation advice to prospective buyer at open house without discussing agency. What agency type formed?

Correct Answer

A) Implied agency

Answer Options
A
Implied agency
B
Express agency
C
No agency forms without basic information
D
No agency without compensation discussion
Video Explanation3 min
Audio Lesson3 min
Study Infographics
Study card infographic for: Listing broker gave negotiation advice to prospective buyer at open house withou
Download

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Agency Question

Sign up free to unlock full analysis

Background Knowledge for Agency

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Agency

Sign up free to unlock full analysis

Related Topics & Key Terms

Related Topics:

fiduciary-dutiesagency-disclosure-requirementssingle-agency-vs-dual-agency

Key Terms:

implied agencyagency disclosureCivil Code 2079fiduciary dutyopen house agency
Was this explanation helpful?

More Agency Questions

People Also Study

Agency Questions

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing