Agency
Agency Practice Question
When receiving an offer, licensees must:
A
Present as soon as possibleB
Present to broker then clientC
Present lowest to highest priceD
Hold 48 hours before presentingExplanation
Texas licensees must present all offers to clients as soon as reasonably possible.
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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