Rachel Finnegan is a broker who specializes in selling small ...

[clmills979]

Rachel Finnegan is a broker who specializes in selling small homes. She has a listing for a small home with a list price of 90,000. When a prospective buyer comes through the house, he tells Rachel he is interested but the 90,000 is too high of a price. Rachel tells him, Look, these people are desperate. They need to move, like tomorrow. They'll take whatever you offer. Rachel:
 A) Is just acting as a dual agent.
 B) Cannot control offers and has done nothing wrong.
 C) Has breached her fiduciary duty to her client sellers with this disclosure.
 D) None of the above

Question 2

An accountant may be liable for malpractice if the accountant fails to detect signs that an employee of the client is embezzling.
  Indicate whether the statement is true or false

[yuyiding]

Answer to Question 1

C

Answer to Question 2

TRUE

[clmills979]

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