
According to the law of agency, real estate brokers are required to observe several duties as they act as an agent for an individual trying to buy or sell a property. Which of the following duties refers to a broker's obligation to be completely open and honest with the principal?
A) Disclosure
B) Confidentiality
C) Loyalty
D) Obedience
Correct Answer:
Verified
Q1: In determining the appropriate listing contract to
Q2: As an agent for the buyer or
Q3: State licensing laws generally prescribe two levels
Q4: Blockbusting, which involves persuading an individual to
Q5: Real estate brokers serve as intermediaries by
Q7: In dual agency, conflicts of interest may
Q8: State licensing laws prescribe behavioral requirements with
Q9: One of the traditional requirements for individuals
Q10: The importance of brokers in the real
Q11: In acting as an agent for another
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