Which of the Following Is True of Dual Agency

question 45

Multiple Choice

Which of the following is true of dual agency?

• A)An undisclosed dual agent is allowed to retain compensations of the transaction provided he or she discontinues the dual agency.
• B)Examples of dual agents are finders and marketing intermediaries.
• C)Dual agency is permitted if all parties in the transaction agree to it.
• D)Dual agency is permitted as long as the interests of both principals are similar.

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Definitions:

Bartolomeo Vanzetti

An Italian-American anarchist, who was controversially convicted and executed for murder, sparking worldwide protests in the early 20th century.

Arsène Pujo

A Congressman from Louisiana who led the Pujo Committee during its investigation of the "money trust," exposing the control of America's money and credit by a few financiers in the early 20th century.

Wall Street

The financial district of New York City, often used metonymically to refer to the financial markets and investment community in the United States.

Stock Prices

The cost of purchasing a share of a company's stock, determined by market factors including supply and demand, company performance, and external economic conditions.