Agency
Under Alabama law, a transaction broker owes which duties to both parties?
AUndivided loyalty and full confidentiality
BHonesty, reasonable care, and accounting for funds✓ Correct
CFull fiduciary duties including obedience
DOnly the duty to present all offers
Explanation
A transaction broker in Alabama owes both parties honesty, reasonable care, and proper accounting for funds. Unlike a single agent, a transaction broker does not owe undivided loyalty or full fiduciary duties.
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