Agency & LawCâu 27 / 120
Which of the following is NOT one of the traditional fiduciary duties an agent owes to a principal?
a.Loyalty
b.Obedience to lawful instructions
c.Confidentiality
d.Guaranteeing the property will appraise at the sales price
Giải thích
Fiduciary duties commonly include loyalty, obedience, disclosure, confidentiality, accounting, and reasonable care and diligence. An agent cannot guarantee an appraisal outcome, which depends on an independent appraiser and market data.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- In an agency relationship, the client who hires and authorizes a broker to act on their behalf is the:
- A broker who represents the seller in a transaction owes the seller fiduciary duties. The customer (buyer) in that same transaction is owed:
- In Texas, before a license holder may substantively discuss a real estate transaction, TREC rules generally require providing the consumer with the:
- An 'intermediary' relationship in Texas arises when:
- For a Texas broker to act as an intermediary between a buyer and seller, the broker must obtain:
- When a broker acts as an intermediary and appoints one associated agent to the buyer and another to the seller, this is commonly called:
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