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EXAM REVIEW
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Texas Real Estate Practice Exam Latest Update And Verified
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Question Number 35
Two leading agencies jointly agreed to raise commissions charge to residential sellers to 7.5% of the sales price. Which of the following is true?
The brokers have illegally fixed prices.
This is a perfectly legitimate business practice.
The brokers have allocated markets.
The brokers have engaged in legal collusion.
✔ Correct Answer:
The brokers have illegally fixed prices.
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