Agency
Agency Practice Question
What are the three types of agency recognized in Arkansas?
A
Seller, Buyer, and DualB
Seller, Buyer, and JointC
Seller, Buyer, and UniversalD
Seller, Buyer, and Disclosed DualExplanation
Arkansas recognizes Seller, Buyer, and Dual agency.
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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