Agency
An Iowa buyer's agent who fails to present an offer that was not in writing to the seller:
AHas complied with Iowa law since only written offers must be presented
BMay have violated their duty to present all offers if oral offers are standard in that market✓ Correct
CIs protected from liability because oral offers are unenforceable
DMust convert the oral offer to writing before any obligation to present arises
Explanation
While Iowa requires written contracts for real estate transactions, an agent's duty of honesty and fairness may require informing the seller of expressed buyer interest. The best practice is to reduce all offers to writing; however, the agent should not simply ignore an oral offer without advising the seller.
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