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LAW OF AGENCY CHAMPIONS EXAM NEWEST COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS

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LAW OF AGENCY CHAMPIONS EXAM NEWEST COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS ( ANSWERS)

Question 1: Which of the following has the authority to
suspend or revoke a Texas real estate license?
CORRECT ANSWER: TREC
Question 2: Which of the following is an element of a
listing agreement?
CORRECT ANSWER: the agreement to pay a stated
commission, usually a percentage of the sales price
Question 3: The IRS considers which of the following a
violation of independent contractor status?
CORRECT ANSWER: salesperson is told to work set
hours, a monthly minimum wage, has his
licensing fees paid by the broker

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