301- NC Post Licensing Questions And
100% Verified Answers Latest 2026
Update | Graded A+ | 100% Success
Willfull Misrepresentation means - CORRECT ANSWER -You lied, by
speaking wrong information
Negligent Omission means - CORRECT ANSWER -You should have
known, but did not
Negligent Misrepresentation means - CORRECT ANSWER -You should
have known, but spoke wrong information
May a principle be held responsible for mis-information as it relates to a
material fact? - CORRECT ANSWER -Yes. Typically civilly or criminally
, The provision in a listing agreement that may obligate seller to pay a
commission after the agreement has expired is called? - CORRECT
ANSWER -Override Clause or Extender Clause
A listing agreement is said to be what, if the principle dies during the
agreement? - CORRECT ANSWER -Automatically Terminated
If a Seller refuses to sign an offer for less than list price, is a commission
due? - CORRECT ANSWER -No. It is not due, until Seller agrees upon the
price and signs
What are considered Trigger items in Regulation Z? - CORRECT ANSWER
-Any numbers or numerical characters
Is a CMA mandatory when listing a property? - CORRECT ANSWER -Yes.
It is an agent's duty to perform a CMA for Seller
100% Verified Answers Latest 2026
Update | Graded A+ | 100% Success
Willfull Misrepresentation means - CORRECT ANSWER -You lied, by
speaking wrong information
Negligent Omission means - CORRECT ANSWER -You should have
known, but did not
Negligent Misrepresentation means - CORRECT ANSWER -You should
have known, but spoke wrong information
May a principle be held responsible for mis-information as it relates to a
material fact? - CORRECT ANSWER -Yes. Typically civilly or criminally
, The provision in a listing agreement that may obligate seller to pay a
commission after the agreement has expired is called? - CORRECT
ANSWER -Override Clause or Extender Clause
A listing agreement is said to be what, if the principle dies during the
agreement? - CORRECT ANSWER -Automatically Terminated
If a Seller refuses to sign an offer for less than list price, is a commission
due? - CORRECT ANSWER -No. It is not due, until Seller agrees upon the
price and signs
What are considered Trigger items in Regulation Z? - CORRECT ANSWER
-Any numbers or numerical characters
Is a CMA mandatory when listing a property? - CORRECT ANSWER -Yes.
It is an agent's duty to perform a CMA for Seller
