License Law and Agency Practice Question
Question
A license applicant is comparing two similar real estate concepts in a Texas real estate transaction involving consumer protection notice. Which response best applies the rule? (Item 276)
Answer choices
- A. The party who complains first automatically receives the legal remedy requested.
- B. Escrow automatically assumes all brokerage disclosure and agency duties.
- C. The client’s preference eliminates the need to disclose known material facts.
- D. Recognize required public-facing consumer complaint information concepts.
Correct Answer
D. Recognize required public-facing consumer complaint information concepts.
Explanation
The correct answer is D because consumer protection notice requires candidates to recognize required public-facing consumer complaint information concepts. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound Texas exam practice.
Question details
- Difficulty: hard
- Domain: License Law and Agency
- Objective: consumer protection notice