Question

An agency contract is being terminated. In which scenario might there be damages owed to one of the parties?

Accepted Answer

The agent resigns from the contract because he is overloaded with homes to sell.

Answer

The agency files for bankruptcy.

Answer

The property owner discovers another claim on the title of the house.

Answer

The owners discharge the agent because she was not acting in their best interest.

Question 10 - Brokerage Responsibility and Agency Management Practice Test for the Real Estate License Exam