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Law of Agency Final Exam Review 2023, Complete Solution
Law of Agency Final Exam Review 2023, Complete Solution 
 
Most lawsuits involve issues of who did or did not represent whom. The number of lawsuits is: 
A. Increasing 
B. Decreasing 
C. Stabilizing over the last several years 
D. Broker lawsuits are not allowed. 
A. Increasing 
 
The correct answer is A. A broker is more likely to be sued because he failed to make it clear to all parties who he represented as a client. 
The broker working with a buyer customer and representing the seller throug...
- Exam (elaborations)
- • 27 pages •
Law of Agency Final Exam Review 2023, Complete Solution 
 
Most lawsuits involve issues of who did or did not represent whom. The number of lawsuits is: 
A. Increasing 
B. Decreasing 
C. Stabilizing over the last several years 
D. Broker lawsuits are not allowed. 
A. Increasing 
 
The correct answer is A. A broker is more likely to be sued because he failed to make it clear to all parties who he represented as a client. 
The broker working with a buyer customer and representing the seller throug...
Law of Agency Final Exam Review 2023 with complete solution
Law of Agency Final Exam Review 2023 with complete solution 
 
1. Price-fixing, boycotting, and allocating customers or markets are activities MOST relating to real estate brokerage violations of the 
a. federal antitrust laws. 
b. Real Estate Settlement Procedures Act. 
c. Texas Deceptive Trade Practices Act. 
d. Texas Real Estate License Act. 
A 
2. During a listing presentation, the prospective seller asked the salesperson if his company's listing fee was standard in the area. Which of the f...
- Exam (elaborations)
- • 12 pages •
Law of Agency Final Exam Review 2023 with complete solution 
 
1. Price-fixing, boycotting, and allocating customers or markets are activities MOST relating to real estate brokerage violations of the 
a. federal antitrust laws. 
b. Real Estate Settlement Procedures Act. 
c. Texas Deceptive Trade Practices Act. 
d. Texas Real Estate License Act. 
A 
2. During a listing presentation, the prospective seller asked the salesperson if his company's listing fee was standard in the area. Which of the f...