1. What is an agent?
2. Are agency relationships required to be in writing? Why or why not?
3. List and explain the four duties that agent owes to a principal.
4. What is a fiduciary?
5. What is "self-dealing?"
6. List and explain the three duties that agents owe to third parties.
7. What is fraud in the legal context?
8. What duties does a principal owe to an agent?
9. What is the difference between an agent and an independent contractor?
10. In a typical real estate transaction, who is the principal, who is the agent and who is the third party?