Contracts, Finance, and Transfer Practice Question
Question
A seller is preparing to list a home for the Pennsylvania Real Estate Salesperson Exam involving breach and Pennsylvania Real Estate Commission. Which response best applies the rule? (Item 11)
Answer choices
- A. A verbal understanding always replaces a written real estate requirement.
- B. The safest practice is to avoid written documentation so fewer questions are raised later.
- C. Identify nonperformance and available contractual remedies in a way that fits Pennsylvania exam practice.
- D. A licensee may give legal conclusions instead of recommending qualified legal advice when uncertain.
Correct Answer
C. Identify nonperformance and available contractual remedies in a way that fits Pennsylvania exam practice.
Explanation
The correct answer is C because breach requires candidates to identify nonperformance and available contractual remedies. The Pennsylvania 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: Contracts, Finance, and Transfer
- Objective: breach