Fair Housing, Practice, and Disclosures Practice Question
Question
A supervising broker is reviewing a transaction file for the Indiana Real Estate Broker Exam involving antitrust price fixing and broker affiliation and supervision. Which answer best reduces risk? (Item 77)
Answer choices
- A. Avoid agreements with competitors about commission rates or fees in a way that fits Indiana exam practice.
- B. A licensee may give legal conclusions instead of recommending qualified legal advice when uncertain.
- C. A verbal understanding always replaces a written real estate requirement.
- 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 Indiana 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 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: easy
- Domain: Fair Housing, Practice, and Disclosures
- Objective: antitrust price fixing