Real Estate Agency Quiz

A general agent works on a variety of actions while a special agent does a specific task

To compensate victims of fraudulent real estate transactions

An express agreement is explicitly stated through orally or writing while an implied agreement is done by actions

<p>All of the above</p> Signup and view all the answers

<p>To the client</p> Signup and view all the answers

<p>To show that the broker is an agent for the seller, buyer, or dual agent</p> Signup and view all the answers

<p>Trust fund conversion is using client funds for personal purposes, while commingling is mixing personal funds and client funds</p> Signup and view all the answers

<p>A general agent works on a variety of actions while a special agent does a specific task</p> Signup and view all the answers

<p>To provide compensation to those who have suffered financial losses due to the actions of licensed real estate professionals</p> Signup and view all the answers

<p>An express agency agreement is explicitly stated through oral or written communication, while an implied agency agreement is an agreement done by actions</p> Signup and view all the answers

<p>Mixing personal funds with client funds</p> Signup and view all the answers

<p>To the client</p> Signup and view all the answers