Agency
What fiduciary duty requires an Illinois agent to use their professional skills to advance the client's interests?
ALoyalty
BDisclosure
CReasonable care and diligence✓ Correct
DObedience
Explanation
The duty of reasonable care and diligence (also called competence) requires an agent to apply their professional knowledge and skills for the client's benefit. This includes staying current with market conditions, using competent negotiating skills, properly completing contracts, and providing informed advice. Failing to exercise reasonable care may result in liability for negligence.
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