Virginia State Real Estate Exam Practice Question
Based on the common law of agency, which of the following would always be an agent's duty?
Correct Answer: D
Rationale: An agent's primary duty is to place the interests of the principal above all others, including their own. This principle, known as fiduciary duty, ensures that agents act in the best interest of their clients at all times.
Option A is incorrect because hiring a contractor may not always be necessary and is not a universal duty of an agent. Option B is also wrong; while disclosure is important, it is context-dependent and not a blanket requirement. Option C involves providing advice based on specific circumstances and is not an inherent duty of all agents. Only option D consistently reflects the fundamental obligation of an agent in the agency relationship.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now