Agency
Which of the following is NOT a duty owed by a Colorado transaction broker?
AHonest dealing with both parties
BAccounting for all funds received
CUndivided loyalty to one party✓ Correct
DTimely presentation of written offers and counteroffers
Explanation
A transaction broker does not owe undivided loyalty to either party — that is a fiduciary duty exclusive to single-agency relationships. A transaction broker facilitates the transaction while maintaining limited duties to both parties.
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