Agency and License Law Practice Question
Question
A supervising broker is reviewing a transaction file for the North Carolina Real Estate Broker Exam involving consumer complaints and provisional broker supervision. Which answer best reduces risk? (Item 90)
Answer choices
- A. The affiliated licensee may handle the matter independently without broker responsibility.
- B. Recognize the role of the state regulator in complaint handling and enforcement in a way that fits North Carolina exam practice.
- C. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
- D. The requirement matters only when the buyer obtains institutional financing.
Correct Answer
B. Recognize the role of the state regulator in complaint handling and enforcement in a way that fits North Carolina exam practice.
Explanation
The correct answer is B because consumer complaints requires candidates to recognize the role of the state regulator in complaint handling and enforcement. The North Carolina 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: consumer complaints