Agency
A principal broker in Tennessee owes which of the following duties to a customer (non-client)?
ALoyalty and confidentiality
BHonest and fair dealing and disclosure of material facts✓ Correct
CFull fiduciary duties including obedience
DAdvocacy for the customer's best interests
Explanation
To customers (non-clients), a broker owes the duties of honest and fair dealing and disclosure of material facts. Full fiduciary duties—including loyalty, obedience, and confidentiality—are owed only to clients.
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