Agency
Under Kentucky law, a transaction broker (facilitator) owes which duty to both parties?
ALoyalty
BConfidentiality
CHonest and fair dealing✓ Correct
DObedience to all instructions
Explanation
A transaction broker (facilitator) in Kentucky does not represent either party as an agent but must deal honestly and fairly with both. The full fiduciary duties of loyalty, obedience, and confidentiality to either party are not applicable in a facilitator relationship.
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