License Law & AgencyCâu 26 / 100
An agent's fiduciary duty of obedience requires the agent to:
a.Obey the buyer even when it conflicts with the seller-principal
b.Follow all lawful instructions of the principal
c.Follow any instruction, even illegal ones
d.Ignore the principal's wishes to maximize commission
Giải thích
The duty of obedience requires an agent to follow the principal's lawful instructions promptly. An agent must never obey directions that are illegal, such as instructions to discriminate. In such a case the agent should refuse and may need to withdraw from the agency.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- In New York, real estate salespersons and brokers are licensed and regulated primarily by the:
- The New York statute governing the licensing and conduct of real estate brokers and salespersons is:
- A New York real estate salesperson may lawfully collect a commission directly from:
- The fiduciary duties an agent owes a principal can be remembered by the acronym OLD CAR. The 'C' stands for:
- In New York, the agency disclosure form must generally be presented to a prospective buyer or seller:
- A dual agent in New York is a broker who:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với New York Real Estate Salesperson Licensing Exam · Quy trình kiểm tra