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General Principles Of AgencyFiduciary_dutiesMEDIUM

A broker could earn a higher commission by steering the client to a different property, but instead recommends the property that best serves the client's goals. Which fiduciary duty is being honored?

Correct Answer

D) Loyalty

Loyalty is correct because the facts match the fiduciary duty to place the client's interests above the agent's own interests or those of others. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Disclosure
B
Confidentiality
C
Accountability
D
Loyalty

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Related Topics & Key Terms

Key Terms:

fiduciary_dutiesagencyloyaltyfiduciary
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