Arkansas License Law
A buyer's agent receives a bonus from the seller without the buyer's knowledge. This constitutes:
AA reasonable fee for services rendered
BA violation of the duty of loyalty and disclosure to the buyer✓ Correct
CAn acceptable industry practice
DA legal transaction as long as AREC is notified
Explanation
A buyer's agent receiving undisclosed compensation from the seller creates a conflict of interest and violates the fiduciary duties of loyalty and disclosure owed to the buyer-client. All compensation must be disclosed.
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