License Law and DRE Regulation Practice Question
Question
An escrow officer requests clarification from the broker involving broker responsibility. Which statement is the most accurate exam answer? (Item 63)
Answer choices
- A. It is primarily a tax rule with no effect on brokerage practice.
- B. It removes the need for written disclosure if the licensee believes the client already knows.
- C. Recognize broker supervision duties over salespersons and transaction records.
- D. It can be ignored if the transaction is expected to close quickly.
Correct Answer
C. Recognize broker supervision duties over salespersons and transaction records.
Explanation
The correct answer is C because broker responsibility requires candidates to recognize broker supervision duties over salespersons and transaction records. 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: broker responsibility