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Law Of Agency Study Guide for Exam 1 | Questions with 100% Correct Answers | Latest Version 2024 | Verified | Ace the Test
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What are the duties of an agent Fiduciary Duties (OLD CAR) - Obedience - Loyalty - Disclosure - Confidentiality - Accounting - Reasonable care Types of Agents - Universal Agency; power to act for the principal in all transactions. - General Agency; represents principal in a particular type of transaction (property manager or broker and real estate agent - Special Agency; most limited, agent performs limited duties for the principal.
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