Agency
Which of the following is a fiduciary duty an agent owes exclusively to their client (not to a customer)?
AHonesty
BDisclosure of material facts
CLoyalty✓ Correct
DFairness
Explanation
Loyalty (placing the client's interests above all others, including the agent's own) is a fiduciary duty owed to the client. Honesty and disclosure of material facts are owed to all parties, including customers.
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