Question

A principal instructs an agent to market a property only to families on the north side of town. The agent refuses to comply.

In this case,
a.the agent has violated fiduciary duty.
b.the agent has not violated fiduciary duty.
c.the agent is liable for breaching the listing terms.
d.the agent should obey the instruction to salvage the listing.

Answer 1

The agent has violated fiduciary duty.

Step-by-step explanation:

The correct answer is A) the agent has violated fiduciary duty.

Fiduciary duty is a legal obligation that requires the agent to act in the best interests of the principal. In this case, the principal explicitly instructed the agent to market the property only to families on the north side of town. By refusing to comply, the agent has violated their fiduciary duty to act in the best interests of the principal.