1. The listing broker has been presented with multiple offers. The seller has said he would accept only a cash offer on his home, so the broker will present.

1. The highest cash offer to the seller
2. The highest offer to the seller
3. Only cash offers to the seller
4. All offers to the seller

2. A bowling alley was built on the outskirts of a city. Five years later, the area is rezoned for residential use. Will this ordinance affect the operation of the bowling alley?

1. Yes, because zoning ordinances apply to all property in a similar manner, the bowling alley will have to be relocated
2. Yes, because if the bowling alley is to continue operating, a petition for a variance must be filed with the zoning appeal board
3. No, because the bowling alley was constructed prior to the enactment of the ordinance, so it may continue operating
4. No, because only urban renewal projects require absolute compliance with zoning changes, so the bowling alley does not violate the zoning ordinance.

3. An agent relationship is established between the broker and
   1. Another broker
   2. The principal
   3. A multiple listing service
   4. A customer