50 Canadian for all 3 question

Agents owe their clients fiduciary duties, including the duty of loyalty. Which one of the following statements correctly applies to this duty? a. The agent must place the principal's interests ahead of the interests of the agent and the interests of other parties. b. If the principal's interests conflict with the interests of the agent, the agent must terminate the agency relationship. c. The agent owes fiduciary duties to customers who use the services of the agent to make an offer. d. All facts known to the agent pertaining to the property and about the transaction must be disclosed to third parties. Salesperson Chan of ABC Realty Inc. listed a property owned by Seller Harris. Salesperson Jarvis of XYZ Real Estate Limited, acting in sub-agency, sold the property to a customer, Buyer Nichols. Based on this information, identify the agency relationships and duties in this scenario. a. XYZ Real Estate Limited is in multiple representation and owes fiduciary duties to both buyer and seller. ABC Realty Inc. owes fiduciary duties to the seller and third party duties to the buyer. b Seller Harris is a client of both ABC Realty Inc. and XYZ Real Estate Limited and is owed fiduciary duties by both. Buyer Nichols is a customer and is owed third party duties by both brokerages. c. ABC Realty Inc. is acting in multiple representation and owes both buyer and seller fiduciary duties. XYZ Real Estate Limited owes fiduciary duties to the seller and third party duties to the buyer. d. Both ABC Realty Inc. and XYZ Real Estate Limited are in multiple representation and both brokerages owe fiduciary duties to the buyer and seller. The Real Estate and Business Brokers Act, 2002 requires mandatory disclosures by registrants when acquiring an interest in real estate for themselves. Which of the following statements is correct regarding the content of the required disclosures? a Full disclosure of all facts within the registrants knowledge that affect or will affect the value of the real estate. b. The reason the registrant is purchasing the property and the length of time that the registrant intends to keep the property. c. The registrant's method of financing the purchase of the property d The registration status of the registrant and how long the registrant has been registered under REBBA 2002