Agency and License Law Practice Question
Question
An agent compares two similar exam concepts for the New Jersey Real Estate Salesperson Exam involving license renewal and New Jersey Real Estate Commission. Which answer best reduces risk? (Item 179)
Answer choices
- A. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
- B. The client’s preference eliminates the need to disclose known material facts.
- C. Identify continuing education and renewal compliance duties in a way that fits New Jersey exam practice.
- D. The party who complains first automatically receives the remedy requested.
Correct Answer
C. Identify continuing education and renewal compliance duties in a way that fits New Jersey exam practice.
Explanation
The correct answer is C because license renewal requires candidates to identify continuing education and renewal compliance duties. 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: license renewal