Agency
An Arizona licensee acting as a 'transaction broker' owes which of the following duties?
AFull fiduciary duties to both buyer and seller
BLimited duties including honesty, accounting, and skill, but not loyalty or confidentiality✓ Correct
CNo duties to either party
DFull fiduciary duties to the buyer only
Explanation
A transaction broker (facilitator) in Arizona owes limited duties — honesty, reasonable care and skill, accounting, and disclosure of material facts — but does not owe full fiduciary duties such as loyalty and confidentiality.
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