AgencyIntermediateDelaware Exam
Dual agency in Delaware is:
AProhibited under all circumstances
BPermitted only with informed written consent of all partiesCorrect
CPermitted without disclosure as long as the broker discloses
DPermitted only in commercial transactions
Why Permitted only with informed written consent of all parties Is Correct
Answer B: Permitted only with informed written consent of all parties
Delaware permits dual agency only when all parties provide informed written consent after full disclosure of the dual agency relationship and its implications.
Exam Tip: Agency
Agency questions are among the most tested on the exam. Focus on the difference between client and customer, and memorize the fiduciary duties (OLD CAR). Watch for questions that try to blur the line between a general agent and a special agent.
Key Agency Terms in This Question
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