Virginia Real Estate Exam Practice Question
As an agent, you owe your client fiduciary duties such as loyalty, reasonable skill and care, confidentiality, accounting, and disclosure. What other fiduciary duty is also owed?
Correct Answer: B
Rationale: Fiduciary duties encompass a range of responsibilities to ensure the client's best interests are prioritized. Among these, obedience is essential, as it requires agents to follow lawful instructions from clients, ensuring their wishes are respected and acted upon.
Option A, kindness, while important in client relations, is not a formal fiduciary duty. Option C, profitability, is unrealistic as a fiduciary duty; agents must act in the client's best interest, not solely focus on profits. Option D, strategy, is relevant but does not represent a core fiduciary duty like obedience, which directly impacts the agent's commitment to the client's directives.
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