Practice and Disclosures Practice Question

Question

A client wants to know what should be documented in writing in a Nevada real estate transaction involving antitrust. Which response best applies the rule? (Item 213)

Answer choices

  1. A. Avoid commission fixing, customer allocation, and group boycott conduct.
  2. B. The party who complains first automatically receives the legal remedy requested.
  3. C. Escrow automatically assumes all brokerage disclosure and agency duties.
  4. D. The client’s preference eliminates the need to disclose known material facts.

Correct Answer

A. Avoid commission fixing, customer allocation, and group boycott conduct.

Explanation

The correct answer is A because antitrust requires candidates to avoid commission fixing, customer allocation, and group boycott conduct. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound Nevada exam practice.

Question details

  • Difficulty: easy
  • Domain: Practice and Disclosures
  • Objective: antitrust

Practice more

Start Practice and Disclosures practice

Back to Practice and Disclosures