California Real Estate Practice Exam

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Which of the following is a principal not liable for?

Negligence of the broker in listing the property
Misrepresentation by the agent of the property condition
An independent contractor sales agent assaulting a prospective buyer
Failure to disclose known defects in the property

The correct answer is: An independent contractor sales agent assaulting a prospective buyer

A principal can be held liable for the actions of their agents, such as the negligence in listing the property or misrepresentation of the property condition. They can also be held liable for failing to disclose known defects in the property. However, they are not usually held liable for the actions of an independent contractor sales agent, as they are not directly employed by the principal and are considered their own entity. So in this situation, the principal would not be liable for the assault by the independent contractor sales agent.