A training instructor in Carrboro is updating the policy manual on WWREA at first substantial contact. Which statement best applies under current North Carolina law?
Correct Answer
D) A broker should write the broker's name and license number on the brochure provided to the consumer.
A broker should write the broker's name and license number on the brochure provided to the consumer.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A legal relationship in which one person (the agent) is authorized to act on behalf of another person (the principal) in business transactions with third parties.
The legal ending of an agency relationship, which can occur through completion, expiration, mutual agreement, breach, death, incapacity, or bankruptcy of either party.
The fiduciary obligation to protect a client's private information and not disclose it to third parties without permission, surviving even after the agency relationship ends.
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