License Law and DRE Regulation Practice Question
Question
A listing agent notices a potential compliance issue involving team names. The parties need a practical answer before moving forward. Which answer best applies the rule? (Item 112)
Answer choices
- A. It applies only to commercial property and never to residential transactions.
- B. It is controlled only by local custom rather than by law, contract, or professional duty.
- C. It is valid only when the buyer pays cash and no lender is involved.
- D. Apply high-level rules that team names must not mislead the public.
Correct Answer
D. Apply high-level rules that team names must not mislead the public.
Explanation
The correct answer is D because team names requires candidates to apply high-level rules that team names must not mislead the public. 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: License Law and DRE Regulation
- Objective: team names