This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A fiduciary relationship wherein the agent acts on behalf of a principal, and in the process, may ... (Read 30 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Aug 3, 2018
A fiduciary relationship wherein the agent acts on behalf of a principal, and in the process, may bind the principal to a contract, is known as a(n):
 
  a. Agency
  b. Brokerage firm
  c. Scope of the agency
  d. Loyalty agreement

Question 2

Real estate brokers do not have a fiduciary relationship with their clients:
 
  a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Brummell1998

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Aug 3, 2018
Answer to Question 1

A

Answer to Question 2

B


tth

  • Member
  • Posts: 579
Reply 2 on: Aug 3, 2018
YES! Correct, THANKS for helping me on my review

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Proteomes and their relationship to cell structure, function, and organization. Proteomes and their relationship to cell structure, function, and organization.
Relationship between body size and seed size in Galapagos finch species Relationship between body size and seed size in Galapagos finch species
Successful agriculturalists must have a basic understanding of landscape structure and process. Thes Successful agriculturalists must have a basic understanding of landscape structure and process. Thes
Phases of the working relationship Phases of the working relationship
Palpating the mastoid process Palpating the mastoid process
Relationship of Sun Angle and Solar Radiation Relationship of Sun Angle and Solar Radiation
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library