Agency
A Virginia listing agent represents the seller. The agent's fiduciary duties to the seller include all of the following EXCEPT:
ALoyalty
BConfidentiality
CDisclosure of the seller's minimum acceptable price to the buyer✓ Correct
DObedience
Explanation
A fiduciary duty of loyalty prohibits a seller's agent from disclosing the seller's minimum acceptable price to the buyer without the seller's consent. Such disclosure would be a breach of duty.
Related Virginia Agency Questions
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