TEXAS LAW OF AGENCY 100 QUESTIONS AND CORRECT ANSWERS|ALREADY GRADED A+

1-1

A special agent is also referred to as a(n):

limited agent

1-2

The role of the _____ never changed in a listing or buyer representation

agreement:

third party

1 Exam

In Texas, a broker may offer a limited form of representation to both

parties called:

intermediary

1 Exam

The role of each cast member (agent, principal, third party) plays is

determined by the type of _____ used.

employment agreement

1 Exam

A(n) _____ is someone who seeks the services of a real estate broker

without the protection of an agency relationship.

customer

1 Exam

A(n) _____ is a written document that gives a person legal authority to

act on behalf of another person.

power of attorney

1 Exam

Agency relationships are party of the body of law called the:

law of agency