Fair Housing, Practice, and Disclosures Practice Question

Question

A broker is correcting a new licensee’s misunderstanding for the Georgia Real Estate Salesperson Exam involving antitrust price fixing and brokerage relationship disclosure. Which statement is most accurate for exam purposes? (Item 173)

Answer choices

  1. A. Avoid agreements with competitors about commission rates or fees in a way that fits Georgia exam practice.
  2. B. A licensee may give legal conclusions instead of recommending qualified legal advice when uncertain.
  3. C. A verbal understanding always replaces a written real estate requirement.
  4. D. The safest practice is to avoid written documentation so fewer questions are raised later.

Correct Answer

A. Avoid agreements with competitors about commission rates or fees in a way that fits Georgia exam practice.

Explanation

The correct answer is A because antitrust price fixing requires candidates to avoid agreements with competitors about commission rates or fees. 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: easy
  • Domain: Fair Housing, Practice, and Disclosures
  • Objective: antitrust price fixing

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