Agency and License Law Practice Question
Question
A property manager asks how a rule affects a rental property for the South Carolina Real Estate Salesperson Exam involving confidentiality and state disclosure practice. Which response best applies the rule? (Item 42)
Answer choices
- A. The affiliated licensee may handle the matter independently without broker responsibility.
- B. Protect confidential client information unless disclosure is authorized or required in a way that fits South 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. Protect confidential client information unless disclosure is authorized or required in a way that fits South Carolina exam practice.
Explanation
The correct answer is B because confidentiality requires candidates to protect confidential client information unless disclosure is authorized or required. The South 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: confidentiality