What Is the Primary Difference Between an Agent and a Broker

question 130

Multiple Choice

What is the primary difference between an agent and a broker?

• A) An agent gets compensated based on commission while a broker generally charges fees for his services.
• B) A broker works only for a seller whereas an agent can represent a buyer or a seller.
• C) An agent represents a company on a permanent basis while a broker is employed temporarily.
• D) An agent has much more extensive knowledge about the products he deals with than a broker does.
• E) Brokers have long-term relationships with their customers while an agent's relationships are generally short-lived.

---

Definitions:

Transition Zone

The transition zone is an area or region where different ecological communities or physical environments meet and integrate, often leading to high biodiversity.

Neritic Province

Ocean water that extends from the shoreline to where the bottom reaches a depth of 200 m. Compare with oceanic province.

Euphotic Zone

The upper reaches of the ocean, in which enough light penetrates to support photosynthesis.

Freshwater Wetland

A land area saturated with water, either permanently or seasonally, where oxygen-free processes prevail, primarily composed of freshwater marshes, swamps, bogs, and fens.