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Hitman42 [59]
3 years ago
14

In acting as an agent for another person, the broker carries several special responsibilities, which by law must be adhered here

to throughout the transaction process. These responsibilities constitute what is commonly referred to as a:
A. Subagency relationship
B. Dual agency relationship
C. Fiduciary relationship
D. Open listing relationship
Social Studies
1 answer:
PtichkaEL [24]3 years ago
7 0

Answer:

C. Fiduciary relationship

Explanation:

fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person.

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Answer:

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What the exercise describes is a form of fraud commited with checks. The check kiter would take advantage of the float to make use of funds (that do not exist) in a bank account transforming a check in a form of unauthorized credit, like the exercise examplifies: Out of 2 accounts, you issue a check that overdraws their accout at bank 1, and then deposits a check in that account from their bank 2 to cover the first check. You "abuse" the float to make use of funds that don't exist.

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I would also like to express our rejection of a totalitarian government and submission to a king who does not know our struggles, our families and our lives. We must not submit to any man, except ourselves, and for this reason we reject monarchy in our territory.

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Thankful.

M.J. Jackson.

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