An agent who works with a buyer without any written representation agreement owes the buyer which of the following duties?

An agent who works with a buyer without any

Multiple choice — select the best answer

ALoyalty and confidentiality
BFiduciary care and obedience
CFull disclosure of seller's bottom line
DHonesty and disclosure of material facts

✓ Correct answer: D. Honesty and disclosure of material facts Without a representation agreement, the buyer is a customer, not a client. The agent still owes honesty and must disclose known material facts, but owes no fiduciary duties such as loyalty or confidentiality.

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Topic: Agency & Disclosures

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An agent who works with a buyer without any written representation agreement owes the buyer which of the following duties?

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