Agency and License Law Practice Question
Question
A buyer asks a licensee for an exam-focused explanation for the Washington Real Estate Broker Exam involving broker supervision and agency law pamphlet concepts. Which statement is most accurate for exam purposes? (Item 182)
Answer choices
- A. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
- B. Recognize responsible broker oversight of affiliated licensees in a way that fits Washington exam practice.
- C. The requirement matters only when the buyer obtains institutional financing.
- D. The affiliated licensee may handle the matter independently without broker responsibility.
Correct Answer
B. Recognize responsible broker oversight of affiliated licensees in a way that fits Washington exam practice.
Explanation
The correct answer is B because broker supervision requires candidates to recognize responsible broker oversight of affiliated licensees. The Washington 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: broker supervision