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Questions and Answers
What is the term used to describe an exaggeration of a property's features that does not constitute misrepresentation?
What is the term used to describe an exaggeration of a property's features that does not constitute misrepresentation?
- Puffing (correct)
- Exaggeration
- Inflation
- Overstatement
Which of the following is NOT a duty of the principal in an agency relationship?
Which of the following is NOT a duty of the principal in an agency relationship?
- Disclosure
- Skill and Care (correct)
- Confidentiality
- Paying the agent the agreed remuneration
What duty of the principal involves following the instructions of the principal fully?
What duty of the principal involves following the instructions of the principal fully?
- Confidentiality
- Obedience (correct)
- Loyalty
- Disclosure
Which of the following is an example of a duty of an agent in a real estate transaction?
Which of the following is an example of a duty of an agent in a real estate transaction?
In an agency relationship, what is the term for representing the principal as agents would represent themselves?
In an agency relationship, what is the term for representing the principal as agents would represent themselves?
Which of the following is a function of a real estate agent related to development land?
Which of the following is a function of a real estate agent related to development land?
What is the duty of the agent that involves never subordinating the best interest of the principal?
What is the duty of the agent that involves never subordinating the best interest of the principal?
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