Broker a Has a Listing Agreement with the Seller

question 20

Multiple Choice

Broker A has a listing agreement with the seller.Broker B has found a buyer for the property, but he is not the buyer's broker.Assuming that both brokers are subject to an MLS agreement:

• A)Broker B is a subagent of the seller.
• B)Broker B, in many states, might have to disclose to the buyer that he is not acting on behalf of the buyer as his agent.
• C)Broker B might owe the buyer a duty to disclose material facts about the property's value.
• D)All of the above.
• E)None of the above.

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Definitions:

Parasitic

Describes organisms that live on or in a host organism and get their food at the expense of their host, often causing harm.

Amoebozoa

Members of the unikont clade characterized by lobose pseudopodia at some time in the life cycle; include amoebas, plasmodial slime molds, and cellular slime molds. Compare with opisthokonts.

Unicellular

Describes organisms made up of a single cell, which performs all necessary functions for life, such as bacteria and some algae.

Stramenopiles

A diverse group of eukaryotic organisms, including diatoms and brown algae, characterized by fine, hair-like structures on their flagella.