When a dual agency relationship is established in a targeted sales transaction, the broker and their agents may not pass on any information from one party to the other relating to:

a. the price the buyer may be willing to pay.
b. the terms of payment the seller may be willing to accept.
c. confidential financial information of the parties.
d. All of the above.

Answer: d. All of the above.

Business

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Which of the following refers to the use of written rules and procedures to standardize operations?

A) horizontal differentiation B) formalization C) socialization D) vertical differentiation

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When a corporation owns more than 50 percent of the voting stock in another corporation, it usually should report its investment by using (the)

A) equity method. B) cost adjusted to market method. C) book value method. D) consolidated financial statements.

Business