Maine License Law
In Maine, a licensee who 'churns' a client's account (repeatedly encouraging unnecessary transactions for additional commissions) violates the duty of:
AAccounting
BLoyalty (putting commission ahead of client interest)✓ Correct
CConfidentiality
DDisclosure
Explanation
Churning — recommending transactions primarily to generate commissions rather than to serve the client's interests — is a clear violation of the agent's fiduciary duty of loyalty, which requires placing the client's interests first.
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