Multiple Choice
An agent is trying to sell a house for $100,000 for her principal. The principal will sell the house for as little as $80,000, but wants to get as much as possible. The agent tells her cousin to offer $81,000. The agent's actions are:
A) a legitimate effort to get the deal done that will benefit everyone involved
B) a violation of the duty of accounting
C) a violation of the duty of loyalty
D) a violation of the duty of notification to let the principal know he can counter-offer at a higher price
E) unethical, but it does not violate legal duties
Correct Answer:
Verified
Correct Answer:
Verified
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