Agency
In Alabama, a 'facilitator' (also known as a transaction broker) owes which of the following duties?
AFiduciary duties to both buyer and seller
BFiduciary duties only to the seller
CLimited duties of honesty, fairness, and disclosure of material facts — but no fiduciary duties✓ Correct
DNo duties whatsoever to either party
Explanation
A facilitator in Alabama assists both parties in completing a transaction without representing either side as an agent. They owe honesty, fairness, and disclosure of material facts but do not owe full fiduciary duties to either party.
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