The seller's broker owes a fiduciary obligation to the principal. What duties and obligations does the same broker have with the third party?
a. the brokers owes the buyer a duty of fair and honest dealings
b. it is a fiduciary obligation
c. the seller's broker has no responsibilities to the buyer
d. the same responsibilities as that of a subagent
Answer: a. the brokers owes the buyer a duty of fair and honest dealings
You might also like to view...
Candidates for the management development program at GenCo Enterprises must first complete a personality assessment to determine their suitability for a leadership role. Based on this, it would appear that GenCo believes in the ____________ approach to leadership.
a. contingency b. trait c. behavioral d. transformational
A key part of an ethical screening test is to estimate how much money you are likely to lose by behaving ethically
Indicate whether the statement is true or false.