Ch.6 Ethics

Question 1

NAR

Answer 1

Founded in 1908 and is America’s largest trade association

Question 2

CN 1-2

Answer 2

This must be displayed in a prominent location by a real estate inspector

Question 3

TRELA

Answer 3

A person may file a complaint with TREC against a real estate license holder if the person believes the license holder violated this act

Question 4

Fiduciary

Answer 4

When a real estate broker or sales agent, while acting as an agent for another

Question 5

Meticulously

Answer 5

Marked by extreme or excessive care in the consideration of treatment or details; careful

Question 6

Canons of Professional Ethics

Answer 6

Included from r real estate license holders in the Rules of the Commission

Question 7

Real estate brokerage practitioner

Answer 7

Is is the obligation of a real estate shale by to be knowledgeable as this position

Question 8

Scrupulously

Answer 8

Acting in strict regard for what is considered right or proper

Question 9

Reprimand

Answer 9

A possible disciplinary action

Question 10

TREC

Answer 10

Required to adopt procedures hovering informal disposition of contested cases

Question 11

A certain practice by a license holder can be unethical, even if it is legal.
T or F

Answer 11

True

Question 12

The primary duty of a license holder is to represent the interests of __________

Answer 12

The client

Question 13

Attending designation courses such as the Accredited Buyer’s Representative course is a good way to demonstrate ___________

Answer 13

Competency

Question 14

All real estate brokers and inspectors must display, in a prominent location the:

Answer 14

Consumer Protection Notice CN-12

Question 15

All license holders are REALTORS

T or F

Answer 15

False