Agency and License Law Practice Question
Question
A closing coordinator flags an issue before settlement for the New Jersey Real Estate Salesperson Exam involving salesperson affiliation and New Jersey disclosure and consumer protection practice. Which statement is most accurate for exam purposes? (Item 147)
Answer choices
- A. The client’s preference eliminates the need to disclose known material facts.
- B. The party who complains first automatically receives the remedy requested.
- C. Understand that salespersons or agents generally act through a broker in a way that fits New Jersey exam practice.
- D. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
Correct Answer
C. Understand that salespersons or agents generally act through a broker in a way that fits New Jersey exam practice.
Explanation
The correct answer is C because salesperson affiliation requires candidates to understand that salespersons or agents generally act through a broker. The New Jersey 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: salesperson affiliation