Agency
Under Colorado brokerage law, which of the following is NOT a limited duty owed by a transaction broker?
AHonest dealing with all parties
BReasonable skill and care
CUndivided loyalty to one party✓ Correct
DTimely presentation of offers
Explanation
Undivided loyalty is a fiduciary duty owed by an agent (buyer's or seller's agent), NOT by a transaction broker. Transaction brokers owe limited duties including honest dealing, reasonable skill and care, timely presentation of offers, and accounting for money — but not loyalty.
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