Real Estate License Exam Prep — Module 5 Quiz
Agency & Representation

Q1. Under a duty of obedience, an agent must follow a client's instructions UNLESS they are:
A) Unusual.
B) Expensive.
C) Illegal.
D) Delayed.
ANSWER: C

Q2. One broker represents both buyer and seller with informed written consent. This is:
A) Designated agency.
B) Dual agency.
C) Subagency.
D) Transaction brokerage.
ANSWER: B

Q3. Under an exclusive right-to-sell listing, the broker earns a commission if:
A) Only the broker produces the buyer.
B) The owner sells personally before the term ends.
C) The property sells during the term, regardless of who procures the buyer.
D) The owner does not sell the property.
ANSWER: C

Q4. The broker whose efforts produced a ready, willing, and able buyer is determined by:
A) Procuring cause.
B) The MLS.
C) The listing price.
D) The buyer's preference.
ANSWER: A

Q5. Which is NOT one of the six ways agency terminates?
A) Performance
B) Expiration
C) Re-negotiation
D) Operation of law
ANSWER: C