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Question
Tri-state Financial Corporation hires Uma, a real estate agent, to locate investment properties for Tri-state. Uma learns of a warehouse available for $100,000, informs Tri-state, and makes an offer of $90,000 on Tri-state's instruction. The offer is rejected. Umaa. breached the agent's fiduciary duties to the principal.
b. did nothing wrong.
c. failed to take advantage of a business opportunity.
d. made an unreasonable offer based on current market value.
Answer
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