Agency
Which of the following best describes a 'designated agent' in North Dakota?
AA broker who supervises all agents in a firm
BA licensee specifically designated to represent one party while another licensee in the same firm represents the other party✓ Correct
CAn agent appointed by the court to sell property
DA licensee who handles only commercial transactions
Explanation
In North Dakota, designated agency allows one licensee within a firm to represent the seller and another licensee within the same firm to represent the buyer, thereby avoiding dual agency and preserving full fiduciary duties for each client.
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