A seller's broker and their agents have a ___________, owed solely to the seller who has employed the broker, to diligently market the listed property for sale.

a. non-fiduciary general duty
b. fiduciary agency duty
c. implied agency duty
d. limited general duty

Answer: b. fiduciary agency duty

Business

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An example of an investing activity would be

A. purchasing equipment for cash. B. buying inventory from a supplier on credit. C. selling stock to investors for cash. D. repaying the principle on a bank loan.

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Which of the following is exclusive to a production-oriented company?

A) Balance sheet B) Statement of cash flows C) Income statement D) Statement of cost of goods manufactured

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