License Law and DRE Regulation Practice Question
Question
A property manager is preparing a written response involving broker responsibility. Which statement is the most accurate exam answer? (Item 33)
Answer choices
- A. Recognize broker supervision duties over salespersons and transaction records.
- B. It can be ignored if the transaction is expected to close quickly.
- C. It requires the licensee to favor the other party over the licensee’s own client.
- D. It is primarily a tax rule with no effect on brokerage practice.
Correct Answer
A. Recognize broker supervision duties over salespersons and transaction records.
Explanation
The correct answer is A 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