In an intermediary arrangement, the broker represents two parties at the same time and must designate two individuals who appoint the broker. What are these individuals called?

In an intermediary arrangement, the broker represents two parties at the same time and must designate two individuals who appoint the broker. What are these individuals called?

• A. Appointers
• B. Appointees
• C. Intermediaries
• D. Clients

Answer: (B)

In an intermediary arrangement, the broker represents both sides in one transaction and must be designated by the people who will appoint the broker on each side. The individuals who are designated to appoint the broker are called appointees. They are the ones who receive the appointment and instruct the broker on behalf of their client. Appointers would be the people doing the appointing, not the ones being appointed. Intermediaries describes the broker or the role itself, while clients are the parties engaging the broker, not the designated individuals who appoint the broker.

In an intermediary arrangement, the broker represents both sides in one transaction and must be designated by the people who will appoint the broker on each side. The individuals who are designated to appoint the broker are called appointees. They are the ones who receive the appointment and instruct the broker on behalf of their client.

Appointers would be the people doing the appointing, not the ones being appointed. Intermediaries describes the broker or the role itself, while clients are the parties engaging the broker, not the designated individuals who appoint the broker.