AgencyEASY
In Illinois, the relationship where the agent is held in special trust by the principal is called:
Correct Answer
D) Fiduciary relationship
A fiduciary relationship involves special trust and confidence.
Answer Options
A
DutyB
TrustC
Duty of careD
Fiduciary relationshipVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
agency-disclosure-requirementsbroker-responsibilitiesagency-relationships-typesbreach-of-fiduciary-duty
Key Terms:
fiduciary relationshipagencyIllinois Real Estate License Actspecial trustfiduciary duty
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