Agency
In Delaware, a transaction broker:
AProvides full fiduciary duties to both buyer and seller
BAssists both parties to the transaction without representing either as a fiduciary✓ Correct
CRepresents only the buyer in a dual agency
DIs only used in commercial transactions
Explanation
A transaction broker (also called a facilitator or non-agent) assists both parties with the transaction without establishing a fiduciary agency relationship with either party.
Related Delaware Agency Questions
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