Agency
A Montana transaction broker (limited agent) owes which duties to both parties?
AFull fiduciary duties including undivided loyalty
BLimited duties of honesty, disclosure of material facts, accounting, and reasonable care without undivided loyalty to either party✓ Correct
CNo duties beyond legal compliance
DFiduciary duties to the seller only
Explanation
A Montana transaction broker (limited agent) owes both parties limited duties: honesty, disclosure of material facts that affect the property, proper accounting of funds, and reasonable skill and care. However, a transaction broker does not owe fiduciary duties like undivided loyalty or confidentiality.
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