Practice, Math, and Disclosures Practice Question
Question
A license applicant is comparing two similar real estate concepts in a Florida real estate transaction involving professional conduct. What should the licensee understand? (Item 228)
Answer choices
- A. The broker may mix client funds with business funds if the amount is small and later reconciled.
- B. The issue can be ignored if both parties want the transaction to close quickly.
- C. The rule applies only to commercial property and never to residential property.
- D. Avoid misleading statements, unauthorized legal advice, and conflicts of interest.
Correct Answer
D. Avoid misleading statements, unauthorized legal advice, and conflicts of interest.
Explanation
The correct answer is D because professional conduct requires candidates to avoid misleading statements, unauthorized legal advice, and conflicts of interest. 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: hard
- Domain: Practice, Math, and Disclosures
- Objective: professional conduct