Which of the following duties refers to a broker's obligation to never subordinate the best interest of their principal to the interests of others?
A) Disclosure
B) Confidentiality
C) Loyalty
D) Obedience

Question

Quizplus · Accepted Answer

Loyalty is the duty that refers to a broker's obligation to always prioritize the best interest of their principal over the interests of others. Disclosure refers to the duty of informing the principal of all relevant information regarding the transaction. Confidentiality refers to the duty of not disclosing confidential information about the principal or transaction to third parties without consent. Obedience refers to the duty of following the lawful instructions of the principal.

Which of the Following Duties Refers to a Broker's Obligation