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Let's identify first what a Yield sign is. The Yield sign is the only sign on the road (US) that is in the shape of a upside-down triangle with rounded corners, similarly to the stop sign, the stop sign is the only sign on the road that's in the shape of a octagon (has 8 sides).

You'll usually see a Yield sign at an intersection, for instance traffic circles. You're not required to stop at the yield sign but you can if you have too to give way to traffic that doesn't have to stop period. Yield signs are not a sign that you blow through. The yield sign means that "You're not required to stop, but you don't have the right-of-way at this intersection." The yield sign is also less restrictive than the stop sign, you still have to give the right-of-way to other traffic, but you're not required to stop at a yield sign.

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A driver should yield the right-of-way to pedestrians:


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Is it true or false that You do not have to yield the right of way at an intersection that is controlled by a stop sign yield sign or traffic signal?

Rules of the road depend on where you live. What is true in one country might not be true in another.