Property Management
A property manager who receives a referral fee from a vendor without the property owner's knowledge is violating:
AOnly professional courtesy standards
BThe fiduciary duty of loyalty and Louisiana license law✓ Correct
CFederal antitrust law
DRESPA only
Explanation
Accepting secret referral fees or kickbacks from vendors without the owner's knowledge violates the property manager's fiduciary duty of loyalty and loyalty to the principal, and may violate Louisiana license law.
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