ASREB Unit 3-B Exam Questions with 100% Correct Answers – Arizona Real Estate Agency & Brokerage

ASREB Unit 3-B Exam Questions With 100%
Correct Answers.

The agency of a real estate broker with a client is established by - CORRECT
ANSWER - C. Expressed contract.


The agent shows several houses to a buyer and tells him that one house is the best
investment for him. What type of agency may the sales person be creating? -
CORRECT ANSWER - B. Implied agency.


What authorize as an individual to sign or execute a contract on behalf of another -
CORRECT ANSWER - C. Power of attorney.


A person authorized to act on someone else's behalf and perform various business
transactions is a - CORRECT ANSWER - B. General agent.


Under a typical listing agreement, what is the agency created between the broker
and seller? - CORRECT ANSWER - A. Special agency


Special agent can do all of the following except - CORRECT ANSWER - A.
Represent the principal and all real estate transactions.


The agency created between the broker and seller in a signed listing is an -
CORRECT ANSWER - A. Expressed agency.


A property Is listed for sale and before the expiration of the listing the principal is
declared bankrupt. The listing is. - CORRECT ANSWER - A. Terminated.