An agency relationship can be established by all of the following except:

a. agent volunteering.
b. oral agreement.
c. implied statement of law.
d. agreement of principal

Answer: a. agent volunteering.

Business

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A person would MOST likely contact the real estate commissioner to

A. resolve a salesperson/broker commission dispute. B. report fraud of a licensee. C. obtain an opinion of the legality of a course of action. D. arbitrate disputes between brokers.

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Together, innovators and early adopters make up about ________ of the potential market for a new product

A) 16% B) 26% C) 34% D) 46% E) 12%

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