Agency
What is 'reasonable care and diligence' owed by a Delaware real estate agent?
AThe highest possible standard of professional performance
BThe standard of care expected of a competent real estate professional — conducting transactions with the skill, care, and knowledge that a reasonably competent professional would apply in similar circumstances✓ Correct
CReasonable effort applied only during business hours
DThe legal standard from the Delaware Tort Claims Act applied to government agents
Explanation
Reasonable care and diligence (due care) requires Delaware agents to perform with the competence expected of a licensed professional. This includes: staying current with market conditions, explaining contract terms, investigating known red flags, recommending inspections, meeting deadlines, and generally providing knowledgeable professional service.
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