Maine License Law
Under Maine law, licensees must immediately disclose to their clients any situation where they may have a conflict of interest. This duty of disclosure is part of which fiduciary duty?
ALoyalty
BDisclosure✓ Correct
CConfidentiality
DAccounting
Explanation
Disclosing conflicts of interest to the client falls under the fiduciary duty of disclosure, which requires agents to inform clients of any material fact or circumstance that might affect the client's decision or the agent's ability to represent them.
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