Laws & Agency第 26 / 120 题

When a single broker represents both the buyer and the seller in the same transaction, the arrangement is called:

a.Single agency
b.Subagency
c.Designated agency
d.Dual agency

解析

Dual agency occurs when one broker represents both parties in the same transaction. In California it is legal only with the informed, written consent of both principals, and the agent owes limited fiduciary duties to each. The dual agent may not disclose one party's confidential price limits to the other.

法律依据: CA Civil Code

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