Agency and License Law Practice Question
Question
An agent compares two similar exam concepts for the Georgia Real Estate Salesperson Exam involving fiduciary loyalty and community association and closing-attorney practice awareness. Which answer best reduces risk? (Item 202)
Answer choices
- A. The party who complains first automatically receives the remedy requested.
- B. Put the client’s interests ahead of the licensee’s personal interest in a way that fits Georgia exam practice.
- C. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
- D. The client’s preference eliminates the need to disclose known material facts.
Correct Answer
B. Put the client’s interests ahead of the licensee’s personal interest in a way that fits Georgia exam practice.
Explanation
The correct answer is B because fiduciary loyalty requires candidates to put the client’s interests ahead of the licensee’s personal interest. The Georgia reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.
Question details
- Difficulty: medium
- Domain: Agency and License Law
- Objective: fiduciary loyalty