EstatePass
General Principles Of AgencyBroker_salesperson_relationshipEASY

A sales associate is paid by commission, sets a personal schedule, and is treated under a written agreement as operating independently rather than as payroll staff. What status best describes the associate?

Correct Answer

B) Independent contractor

Independent contractor is correct because the facts match a worker who is not treated as an employee for many purposes and usually controls the manner and means of performing the work subject to the contract. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Property management agreement
B
Independent contractor
C
Trust account
D
Maintenance reserve

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 General Principles Of Agency Question

Sign up free to unlock full analysis

Background Knowledge for General Principles Of Agency

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

Real World Application in General Principles Of Agency

Sign up free to unlock full analysis

Common Mistakes to Avoid on General Principles Of Agency Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

property_managementpracticebrokerage_operationsindependent_contractor

Related Concepts

The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.

A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.

A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.

Was this explanation helpful?

More General Principles Of Agency Questions

People Also Study

Related Articles

Practice More Questions

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

Start Practicing