Agency & LawCâu 32 / 120
A seller instructs the listing agent to conceal a known foundation problem from prospective buyers. The agent should:
a.Follow the instruction because of the duty of obedience
b.Disclose the problem only to buyers who ask directly
c.Cancel the listing and tell no one
d.Refuse, because the duty of obedience does not extend to unlawful acts
Giải thích
The duty of obedience applies only to lawful instructions; an agent may not follow directions to commit fraud or conceal material defects. Knowingly hiding a known material defect can expose both the agent and seller to liability.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An 'intermediary' relationship in Texas arises when:
- For a Texas broker to act as an intermediary between a buyer and seller, the broker must obtain:
- When a broker acts as an intermediary and appoints one associated agent to the buyer and another to the seller, this is commonly called:
- Confidential information the agent learns about the principal, such as the seller's willingness to accept less than list price, must generally be:
- The duty of 'accounting' in an agency relationship requires the agent to:
- Placing client or earnest money funds into a broker's personal or general business account instead of a proper trust or escrow account is called:
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