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In Texas, a broker's fiduciary duties to a client include all of the following EXCEPT:

Correct Answer

C) Guaranteeing profit

Fiduciary duties include loyalty, obedience, disclosure, confidentiality, accounting, and reasonable care. Guaranteeing profit is not a duty.

Answer Options
A
Loyalty
B
Obedience
C
Guaranteeing profit
D
Disclosure
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Related Topics & Key Terms

Related Topics:

agency-relationships-texasbroker-disclosure-requirementsreal-ethics-texas

Key Terms:

fiduciary dutyOLDCARTexas Occupations Code Chapter 1101agency relationshipTREC
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