A real estate agent acting under an exclusive agency agreement signed by the seller owes a fiduciary obligation to

A. the buyer.
B. the seller.
C. both the buyer and the seller.
D. primarily to the seller and partially to the buyer.

Answer: B. the seller.

Business

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The four principal types of corruption include all of the following except

a. bribery b. skimming c. conflict of interest d. economic extortion

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A retailer is told by the manufacturer the minimum price at which a product can be sold. In antitrust this is an example of:

a. a tying arrangement b. resale price maintenance c. exclusive dealing d. a consignment arrangement e. none of the other choices

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