Agency and License Law Practice Question
Question
A seller is preparing to list a home for the Massachusetts Real Estate Salesperson Exam involving fiduciary loyalty and lead paint and consumer disclosure awareness. Which response best applies the rule? (Item 40)
Answer choices
- A. The party who complains first automatically receives the remedy requested.
- B. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
- C. The client’s preference eliminates the need to disclose known material facts.
- D. Put the client’s interests ahead of the licensee’s personal interest in a way that fits Massachusetts exam practice.
Correct Answer
D. Put the client’s interests ahead of the licensee’s personal interest in a way that fits Massachusetts exam practice.
Explanation
The correct answer is D because fiduciary loyalty requires candidates to put the client’s interests ahead of the licensee’s personal interest. The Massachusetts 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: fiduciary loyalty