Agency
In Maine, a transaction broker (limited agent) owes which of the following duties to BOTH parties?
ALoyalty and confidentiality
BHonest dealing and disclosure of material facts✓ Correct
CFull fiduciary duties
DObedience to all instructions
Explanation
A transaction broker/limited agent owes both parties honest dealing, disclosure of material facts, and accounting for funds, but does not owe exclusive loyalty or full confidentiality to either party.
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