Agency
In New Mexico, a transaction broker owes which duties to both parties?
AFiduciary loyalty and obedience
BHonesty, disclosure of material facts, skill, care, and diligence✓ Correct
CUndivided loyalty to the buyer only
DNo duties whatsoever
Explanation
A New Mexico transaction broker owes limited duties: honesty, disclosure of material facts, skill, care, and diligence — but NOT the fiduciary duties of loyalty and obedience owed by an agent.
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