1.a licensee must provide disclosure oflicensed status when acting as a principal ifA.Any relative of the licensee has ever lived inthe residenceB.The agent of the other party ask about thisspecificallyC.The licensee does not have eros andomission insuranceD.The licensee has any economic in theproperty2. A seller talks with three different agents toestablish probable selling price for a home.The first agent market analysis suggests aprice around $79,900. The second agent'smarket analysis suggest approximately$81,500. The third agent does not researchany comparables but simply list the home at$91,500. Three months later the property sellsfor $76,900. The agent's behavior suggestsA.Failure to discloseB.NegligenceC.MisrepresentationD.Puffing3. The seller has required that the buyer mustuse his title insurance company. The sellerhas been told that if the buyer uses the titlecompany, they will pay part of his real estatecommissions, increasing his net proceedsfrom the sale, Is this a legally permissibleagreement?A. This is illegal according to RESPAB. This illegal according to Regulation ZC. This is permissible if the buyer wasreceiving a VA loanD. This is permissible if no fee is paid directlyto the seller

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of T.a licensee must prOVide disciosure licensed status when acting as a principal if A.Any relative of the licensee has ever lived in the residence B.The agent of the other party ask about this specifically C.The licensee does not have eros and omission insurance D.The licensee has any economic in the property

of T.a licensee must prOVide disciosure licensed status when acting as a principal if A.Any relative of the licensee has ever lived in the residence B.The agent of the other party ask about this specifically C.The licensee does not have eros and omission insurance D.The licensee has any economic in the property

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter10: Prices, Output, And Strategy: Pure And Monopolistic Competition

Section: Chapter Questions

Problem 1.1CE

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