Question

In a firm whose business model is designated agency who represents the client named in the consumer license disclosure form

A) only the individual agents named on the consumer licensee disclosure form

B) all other designated Buyer Agents

C) all other designated seller agents

D) all the licensees

Answer 1

In a firm with a designated agency business model, only the individual agents named on the consumer license disclosure form represent the client.

Step-by-step explanation:

In a firm whose business model is designated agency, the client named in the consumer license disclosure form is represented by only the individual agents named on the consumer licensee disclosure form.

Answer 2

In a designated agency business model, the client is only represented by the individual agent(s) named on the consumer license disclosure form, not by other agents within the firm.

Step-by-step explanation:

In a firm with a designated agency business model, the agent who represents the client named in the consumer license disclosure form is only the individual agents named on the consumer licensee disclosure form. This means that each client has their own designated agent within the firm, and that agent is responsible for representing the interests of that specific client. Other designated buyer or seller agents in the firm represent their own clients and do not represent the client in question, and the same applies to all other licensees within the firm.