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Florida Real Estate Exam

Category - Florida

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If a real estate broker as an agent does not follow the lawful instructions of his principal he:

Is liable to his principal for damages
Is subject to a fine or imprisonment
Could lose his license in a court of competent jurisdiction
Any of the above

Explanation

Answer A - The principal could sue the agent if he is damaged by the lack of the agent's obedience to his instructions. The Real estate commissioner would be the one who would suspend or revoke his license, not a court.

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