Agency
In Rhode Island, what is 'agent self-dealing' and why is it prohibited?
AAn agent who deals with their own clients only
BWhen an agent acts in their own financial interest at the expense of their client, such as purchasing the client's property at below-market value without disclosure✓ Correct
CAn agent who manages multiple listings simultaneously
DAn agent who also works as a home inspector
Explanation
Agent self-dealing occurs when an agent uses their position to benefit themselves at their client's expense—for example, buying the client's property below market value without full disclosure. It is a breach of fiduciary duty and license law.
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