Agency
The fiduciary duty of 'obedience' means a Wyoming agent must:
AFollow all of the client's lawful instructions✓ Correct
BObey the WREC's rules even if the client objects
CFollow instructions from the cooperating broker
DObey the seller's instructions even when representing the buyer
Explanation
The duty of obedience requires an agent to follow the lawful and ethical instructions of their client. However, an agent is not required to follow instructions that are illegal or unethical.
Related Wyoming Agency Questions
- A buyer's agent in Wyoming owes the duty of 'accounting' to their client. This means the agent must:
- The principal-agent relationship in Wyoming real estate is created by:
- A Wyoming seller's listing agent who holds an open house interacts with a prospective buyer at the open house. Without a buyer's agent agreement, the agent represents:
- A Wyoming seller's agent who learns the buyer is willing to pay more than the offered price should:
- A Wyoming salesperson who acts as a buyer's agent owes the seller which of the following?
- A designated agency arrangement in Wyoming means:
- A Wyoming salesperson working for ABC Realty is working with a buyer and discovers their broker also holds the listing. This situation creates:
- A Wyoming seller hires a broker under an exclusive agency listing. The seller then finds a buyer themselves. In this case:
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