An agent is trying to sell a house for $100,000 for her principal. The principal will sell the house for as little as $80,000, but wants to get as much as possible. The agent tells her cousin to offer $81,000. The agent's actions are:
A) a legitimate effort to get the deal done that will benefit everyone involved
B) a violation of the duty of accounting
C) a violation of the duty of notification
D) unethical, but it does not violate legal duties
E) none of the other choices
Correct Answer:
Verified
Q257: If a payment amount is not specified
Q258: For an agent to be a fiduciary
Q259: If a payment amount is not specified
Q260: Which of the following is part of
Q261: The duty of loyalty:
A) requires a principal
Q263: An agent has a _ the funds
Q264: An agent must perform instructions provided by
Q265: The duty of an agent to perform
Q266: Because of the _ an agent may
Q267: The duty of loyalty:
A) requires a principal
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