Contracts, Transfer, and Escrow Practice Question
Question
A salesperson is explaining a concept to a client involving assignment. The parties need a practical answer before moving forward. Which answer best applies the rule? (Item 12)
Answer choices
- A. It makes oral promises enforceable in every real estate transaction.
- B. It is optional whenever both parties verbally agree to proceed.
- C. It allows a salesperson to act independently of the responsible broker.
- D. Distinguish transferring contractual rights from delegating duties.
Correct Answer
D. Distinguish transferring contractual rights from delegating duties.
Explanation
The correct answer is D because assignment requires candidates to distinguish transferring contractual rights from delegating duties. 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: easy
- Domain: Contracts, Transfer, and Escrow
- Objective: assignment