Agency Relationships and Disclosures Practice Question
Question
A broker is supervising a transaction file involving dual agency consent. Which statement is the most accurate exam answer? (Item 165)
Answer choices
- A. Recognize that dual agency requires informed consent from both parties.
- B. It allows a salesperson to act independently of the responsible broker.
- C. It shifts all responsibility to escrow and eliminates the broker’s duties.
- D. It makes oral promises enforceable in every real estate transaction.
Correct Answer
A. Recognize that dual agency requires informed consent from both parties.
Explanation
The correct answer is A because dual agency consent requires candidates to recognize that dual agency requires informed consent from both parties. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.
Question details
- Difficulty: medium
- Domain: Agency Relationships and Disclosures
- Objective: dual agency consent