In dual agency in Louisiana, Select one: A. the law imputes minimum knowledge the client should know about the licensee. B. each client and licensee only know the information they were actually given. C. the licensee must disclose all information he is actually given. D. the law imputes minimum knowledge the licensee should know about the client.

Question

14-06-2022
Law

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In dual agency in Louisiana, Select one: A. the law imputes minimum knowledge the client should know about the licensee. B. each client and licensee only know the information they were actually given. C. the licensee must disclose all information he is actually given. D. the law imputes minimum knowledge the licensee should know about the client.

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suchetasVT suchetasVT · Answer 1 · 2022-06-27T18:04:58+02:00

In dual agency in Louisiana, each client and licensee only know the information that they were actually given. Therefore, Option B is the correct statement.

What do you know about dual agency law?

A dual agency is a term used to explain an enterprise courting in a transaction wherein one dealer represents each customer and the vendor.

Traditionally the customer could have an agent, and the vendor could have an agent (or one or each of these events will prefer to negotiate for themselves).

Therefore, In a dual agency in Louisiana, each client and licensee only know the information that they were actually given. Option B is the correct statement.

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