Multiple Choice
Choose the one most appropriate answer for each.
-the person empowered to act by and on behalf of the principal
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
Q45: Choose the one most appropriate answer for
Q46: A buyer makes an initial deposit of
Q47: The purpose of a trust account is
Q48: Choose the one most appropriate answer for
Q49: Any earnest money deposits paid by the
Q51: Fiduciary responsibilities of an agent to the
Q52: Brokers can indemnify themselves against legal actions
Q53: The seller has just informed the listing
Q54: A person who brings two or more
Q55: It is the responsibility of the real