Agency
Agency Practice Question
Tennessee allows which type of agency relationship where one licensee represents both parties?
A
Disclosed dual agency with written consentB
Undisclosed dual agencyC
Dual agency is prohibitedD
Only transaction brokerageExplanation
Tennessee allows disclosed dual agency with written informed consent from both parties.
More Agency Questions
A fiduciary relationship exists between:
Which duty requires an agent to keep the principal informed of all material facts?
Dual agency occurs when:
An agent who exceeds the authority granted by the principal:
A broker who represents both the buyer and seller in the same transaction without the knowledge and consent of both parties is practicing:
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