Agency
The duty of 'reasonable care' requires a licensee to:
AGuarantee the outcome of every transaction
BUse the skill, care, and diligence that a reasonably competent real estate professional would exercise in similar circumstances✓ Correct
CComplete at least 100 hours of continuing education annually
DConsult with an attorney on every transaction
Explanation
Reasonable care requires real estate professionals to exercise the level of skill and diligence expected of a competent practitioner — not perfection, but the standard of care a reasonably skilled professional would meet in similar circumstances.
Related Arkansas Agency Questions
- In Arkansas, which written document typically establishes the seller's agency relationship with a listing broker?
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