A salesperson who worked as an agent in a broker's office decided to sell his own home. He placed a classified ad in the paper for his open house, listing only his own home number. The salesperson's actions were against state real estate license law.
Correct Answer:
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Q27: The main problem that can arise with
Q28: Two sellers lead a buyer to believe
Q29: A dual agency
A) is unlawful.
B) is legal
Q30: Dual agency results when
A) a broker represents
Q31: An investor hires a broker to buy
Q33: A couple makes an appointment with a
Q34: In most states, the maximum amount a
Q35: Agents who are authorized to bind their
Q36: It might constitute commingling if a buyer's
Q37: A listing agent is bound by his
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