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Which of the following behaviors demonstrates the loyalty a broker owes to the seller who is his client? a

Economics Dec 13, 2020

Which of the following behaviors demonstrates the loyalty a broker owes to the seller who is his client?

a. A broker tells the buyer that the children of the seller are transferring to a school across town.

b. A broker tells the buyers the seller's exact time frame for the move to expedite the contract.

c. A broker does no tell the buyers about the seller's pending relocation per the seller.

d. A broker does not tell the buyers about the leaky roof per the seller

Expert Solution

The correct answer to the given question is option d. A broker does not tell the buyers about the leaky roof per the seller.

In the parlance of economics, the behavioral science domain deals with the impact of nuances of behavior on the decision making process in business. In the given question, the loyalty aspect of behavior is demonstrated by the option d because a broker who does not tell about the defect in the roof to the buyer is very loyal to the seller.

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