Agency and License Law Practice Question
Question
A license applicant is reviewing a practice scenario for the Michigan Real Estate Salesperson Exam involving salesperson affiliation and agency and trust-money compliance. Which statement is the best answer? (Item 93)
Answer choices
- A. Understand that salespersons or agents generally act through a broker in a way that fits Michigan exam practice.
- B. The party who complains first automatically receives the remedy requested.
- C. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
- D. The client’s preference eliminates the need to disclose known material facts.
Correct Answer
A. Understand that salespersons or agents generally act through a broker in a way that fits Michigan exam practice.
Explanation
The correct answer is A because salesperson affiliation requires candidates to understand that salespersons or agents generally act through a broker. The Michigan 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: Agency and License Law
- Objective: salesperson affiliation