License Law and Brokerage Relationships Practice Question
Question
A supervising broker is correcting a salesperson’s misunderstanding in a Florida real estate transaction involving single agent duties. What should the licensee understand? (Item 29)
Answer choices
- A. Apply fiduciary duties owed in a single-agent relationship.
- B. A licensee may give legal conclusions instead of recommending qualified legal advice when the issue is uncertain.
- C. A verbal understanding always replaces any written requirement in a real estate transaction.
- D. The licensee should avoid documenting the issue to reduce the chance of later questions.
Correct Answer
A. Apply fiduciary duties owed in a single-agent relationship.
Explanation
The correct answer is A because single agent duties requires candidates to apply fiduciary duties owed in a single-agent relationship. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound Florida exam practice.
Question details
- Difficulty: easy
- Domain: License Law and Brokerage Relationships
- Objective: single agent duties