Agency and License Law Practice Question
Question
A supervising broker is reviewing a transaction file for the Massachusetts Real Estate Salesperson Exam involving license renewal and Massachusetts Board of Registration. Which statement is the best answer? (Item 71)
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. Identify continuing education and renewal compliance duties in a way that fits Massachusetts exam practice.
- D. The affiliated licensee may handle the matter independently without broker responsibility.
Correct Answer
C. Identify continuing education and renewal compliance duties in a way that fits Massachusetts exam practice.
Explanation
The correct answer is C because license renewal requires candidates to identify continuing education and renewal compliance duties. 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: medium
- Domain: Agency and License Law
- Objective: license renewal