Virginia Real Estate Exam Practice Question
As an agent, you owe your client fiduciary duties such as loyalty, reasonable skills and care, confidentiality, accounting, and disclosure. What other fiduciary duty is also owed?
Correct Answer: B
Rationale: Fiduciary duties encompass a range of responsibilities that agents owe their clients, with obedience being a key aspect. This duty requires agents to follow lawful instructions from clients, ensuring that their wishes are respected in the decision-making process.
Option A, kindness, while important in client relations, is not a formal fiduciary duty. Option C, profitability, is unrealistic as it implies a guarantee of financial success, which is not feasible. Option D, strength, lacks relevance in the context of fiduciary responsibilities, as it does not pertain to the legal or ethical obligations owed to clients.
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