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 community association and closing-attorney practice awareness. Which statement is most accurate for exam purposes? (Item 93)
Answer choices
- A. Avoid agreements with competitors about commission rates or fees in a way that fits Georgia exam practice.
- B. A verbal understanding always replaces a written real estate requirement.
- C. The safest practice is to avoid written documentation so fewer questions are raised later.
- D. A licensee may give legal conclusions instead of recommending qualified legal advice when uncertain.
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