Practice Tests For IT & Nursing
Question # 46

Which duty requires an agent to disclose all material facts about a property to their client?

Options:

A.

Loyalty

B.

Disclosure

C.

Confidentiality

D.

Accounting

Question # 47

Which fiduciary duty requires agents to put their client’s interests above their own?

Options:

A.

Loyalty

B.

Accounting

C.

Disclosure

D.

Obedience

Question # 48

Which clause in a mortgage prevents loan assumption without lender consent?

Options:

A.

Acceleration clause

B.

Alienation clause

C.

Defeasance clause

D.

Subordination clause

Question # 49

What is the legal effect of a contract signed under duress?

Options:

A.

Valid

B.

Void

C.

Voidable

D.

Enforceable

Question # 50

The principle of contribution means:

Options:

A.

Property values are highest when similar

B.

Improvements add value only to the extent buyers find them desirable

C.

Lower-value properties benefit from higher-value ones

D.

No buyer will pay more than for a substitute

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Name Real Estate Sales
Code Real Estate Sales
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