Practice, Math, and Disclosures Practice Question

Question

A supervising broker is correcting a salesperson’s misunderstanding in a Florida real estate transaction involving risk management. Which answer best reduces transaction risk? (Item 94)

Answer choices

1. A. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
2. B. Document facts, use written disclosures, and escalate uncertain legal questions.
3. C. The requirement matters only if the buyer uses lender financing.
4. D. The salesperson may handle the matter independently without broker involvement when compensation is expected.

Correct Answer

B. Document facts, use written disclosures, and escalate uncertain legal questions.

Explanation

The correct answer is B because risk management requires candidates to document facts, use written disclosures, and escalate uncertain legal questions. 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: medium
• Domain: Practice, Math, and Disclosures
• Objective: risk management

Practice more

Start Practice, Math, and Disclosures practice

Back to Practice, Math, and Disclosures