Authorized Relationships DisclosuresTransaction_brokerHARD
Which duty is NOT owed by a Florida transaction broker?
Correct Answer
C) Loyalty
Loyalty is a fiduciary duty owed by single agents, not transaction brokers.
Answer Options
A
Deal honestly and fairlyB
Account for all fundsC
LoyaltyD
Disclose material factsVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
florida-agency-relationshipsfiduciary-dutiesdisclosure-requirementstransaction-brokeragereal-ethics
Key Terms:
transaction brokerFlorida §475.278loyaltyfiduciary dutysingle agent
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