Agency
Under Minnesota Agency Law, a buyer's agent owes which of the following duties to the buyer?
AObedience, loyalty, disclosure, confidentiality, accounting, and reasonable care✓ Correct
BNeutrality, fairness, and equal treatment to both parties
COnly reasonable care and honesty
DLoyalty to the seller as the principal
Explanation
A buyer's agent in Minnesota owes the full fiduciary duties summarized as OLDCAR: Obedience, Loyalty, Disclosure, Confidentiality, Accounting, and Reasonable Care. These duties run exclusively to the buyer as the principal.
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