Author Question: A fiduciary relationship wherein the agent acts on behalf of a principal, and in the process, may ... (Read 31 times)

tth · **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