Agency
What are the 'seven duties' an Idaho agent owes to their principal in a fiduciary agency relationship?
AHonesty, accuracy, speed, knowledge, marketing, negotiation, closing
BLoyalty, obedience, disclosure, confidentiality, reasonable care, accounting, and (in some formulations) promotion of the principal's interest✓ Correct
CListing, showing, negotiating, inspecting, financing, closing, following up
DAdvertising, pricing, marketing, staging, negotiating, inspecting, closing
Explanation
Idaho fiduciary duties include: Loyalty (putting client's interests first), Obedience (following lawful instructions), Disclosure (revealing material information), Confidentiality (protecting client's confidential information), Reasonable Care and Diligence (professional competence), and Accounting (handling client funds properly). These duties ensure the principal can trust the agent to act in their best interest.
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