Agency and License Law Practice Question
Question
A salesperson notices a possible compliance problem for the Utah Real Estate Sales Agent Exam involving fiduciary disclosure and state forms and disclosure awareness. Which statement is the best answer? (Item 41)
Answer choices
- A. Tell the client material information relevant to the representation in a way that fits Utah exam practice.
- B. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
- C. The client’s preference eliminates the need to disclose known material facts.
- D. The party who complains first automatically receives the remedy requested.
Correct Answer
A. Tell the client material information relevant to the representation in a way that fits Utah exam practice.
Explanation
The correct answer is A because fiduciary disclosure requires candidates to tell the client material information relevant to the representation. The Utah 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