Agency and License Law Practice Question
Question
A client asks whether a fact should be disclosed for the Illinois Real Estate Broker Exam involving advertising compliance and state escrow and advertising compliance. Which response best applies the rule? (Item 100)
Answer choices
- A. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
- B. The requirement matters only when the buyer obtains institutional financing.
- C. The affiliated licensee may handle the matter independently without broker responsibility.
- D. Avoid misleading ads and include required brokerage or license identification in a way that fits Illinois exam practice.
Correct Answer
D. Avoid misleading ads and include required brokerage or license identification in a way that fits Illinois exam practice.
Explanation
The correct answer is D because advertising compliance requires candidates to avoid misleading ads and include required brokerage or license identification. The Illinois 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: hard
- Domain: Agency and License Law
- Objective: advertising compliance