Agency
A Tennessee licensee who is offered cash 'under the table' from the seller to steer a buyer away from other listings should:
AAccept it since it does not affect the transaction price
BRefuse it — accepting undisclosed payments to steer buyers violates fiduciary duties and license law✓ Correct
CAccept it and disclose it on the buyer's closing statement
DAccept it only if the amount is under $1,000
Explanation
Accepting undisclosed payments to steer buyers violates the fiduciary duty of loyalty to the buyer client, violates RESPA's prohibition on kickbacks, and violates Tennessee license law. This is a serious ethical and legal violation.
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