Agency and License Law Practice Question
Question
A salesperson notices a possible compliance problem for the Indiana Real Estate Broker Exam involving consumer complaints and Indiana Real Estate Commission. Which response best applies the rule? (Item 18)
Answer choices
- A. The client’s preference eliminates the need to disclose known material facts.
- B. Recognize the role of the state regulator in complaint handling and enforcement in a way that fits Indiana exam practice.
- C. The party who complains first automatically receives the remedy requested.
- D. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
Correct Answer
B. Recognize the role of the state regulator in complaint handling and enforcement in a way that fits Indiana exam practice.
Explanation
The correct answer is B because consumer complaints requires candidates to recognize the role of the state regulator in complaint handling and enforcement. The Indiana 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: consumer complaints