This topic contains a solution. Click here to go to the answer

Author Question: A fiduciary relationship wherein the agent acts on behalf of a principal, and in the process, may ... (Read 61 times)

tth

  • Hero Member
  • *****
  • Posts: 579
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
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


blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library