Multiple Choice
Choose the one most appropriate answer for each.
-persons who are not parties to a contract but may be affected by it
A) agent
B) agency by estoppel
C) boycotting
D) buyer's broker
E) commingling
F) dual agency
G) fiduciary relationship
H) implied authority
I) middleman
J) ostensible authority
K) price fixing
L) principal
M) property report
N) puffing
O) sales associate
P) special agency
Q) subagent
R) third parties
S) trust account
T) universal agency
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Two sellers lead a buyer to believe
Q19: A listing agent is bound by his
Q20: Price fixing and monopolies are prohibited by
Q21: A broker who intentionally misleads a prospect
Q22: Choose the one most appropriate answer for
Q24: Brokers have fiduciary responsibilities to third parties
Q25: Choose the one most appropriate answer for
Q26: When a broker takes a listing, he
Q27: The relationship of a sales associate to
Q28: Choose the one most appropriate answer for