Fair Housing and Practice Practice Question
Question
A seller is reviewing documents before accepting an offer involving MLS and cooperation. Which statement is the most accurate exam answer? (Item 105)
Answer choices
- A. Recognize fair, nonmisleading cooperation practices without anticompetitive agreements.
- 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 fair, nonmisleading cooperation practices without anticompetitive agreements.
Explanation
The correct answer is A because MLS and cooperation requires candidates to recognize fair, nonmisleading cooperation practices without anticompetitive agreements. 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: Fair Housing and Practice
- Objective: MLS and cooperation