Agency and License Law Practice Question
Question
A seller is preparing to list a home for the Oregon Real Estate Broker Exam involving fiduciary disclosure and broker supervision and disclosure practice. Which response best applies the rule? (Item 77)
Answer choices
- A. Tell the client material information relevant to the representation in a way that fits Oregon exam practice.
- B. The safest practice is to avoid written documentation so fewer questions are raised later.
- C. A licensee may give legal conclusions instead of recommending qualified legal advice when uncertain.
- D. A verbal understanding always replaces a written real estate requirement.
Correct Answer
A. Tell the client material information relevant to the representation in a way that fits Oregon exam practice.
Explanation
The correct answer is A because fiduciary disclosure requires candidates to tell the client material information relevant to the representation. The Oregon 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: fiduciary disclosure