Chapter 1 | Quiz
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Question 1 of 10
1. Question
What does the TREC Rule 531.2 say about a license holder’s duty to their client?
CorrectIncorrectHint
Think about what it means to be a fiduciary.
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Question 2 of 10
2. Question
What is one way a license holder can show competency?
CorrectIncorrectHint
Competency means knowing your area.
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Question 3 of 10
3. Question
What is the purpose of the Information About Brokerage Services (IABS) form?
CorrectIncorrectHint
It helps buyers and sellers understand who represents them.
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Question 4 of 10
4. Question
What is required before showing a residential property to a buyer?
CorrectIncorrectHint
Written agreements protect everyone.
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Question 5 of 10
5. Question
What is one thing an unlicensed assistant is allowed to do?
CorrectIncorrectHint
They can help with paperwork, but not with selling.
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Question 6 of 10
6. Question
What must a license holder do before showing a property listed by another brokerage?
CorrectIncorrectHint
Brokers must approve agent actions.
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Question 7 of 10
7. Question
What is considered advertising under TREC rules?
CorrectIncorrectHint
Think beyond traditional ads.
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Question 8 of 10
8. Question
What must every advertisement include?
CorrectIncorrectHint
Who’s responsible for the ad?
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Question 9 of 10
9. Question
What is a team name required to include?
CorrectIncorrectHint
It must show it’s a group effort.
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Question 10 of 10
10. Question
What happens if a license holder advertises misleading information?
CorrectIncorrectHint
Misleading ads can hurt trust.
