Humber/Ontario Real Estate Course 3 Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 1165

Which statement accurately reflects duties owed by a salesperson?

A client is owed a higher duty of care than a customer

The statement that accurately reflects duties owed by a salesperson is that a client is owed a higher duty of care than a customer. This is because the relationship between a salesperson and their client is more significant and governed by greater responsibilities, including loyalty, full disclosure, and care in fulfilling the client’s interests.

Clients, who engage in a formal agreement with the salesperson, expect a level of diligence and professionalism that is distinct from that which is owed to customers, who are not in a formal relationship. This differential obligation stems from the fiduciary relationship established between the salesperson and their client, which mandates a higher standard of care.

In contrast, customers are generally afforded a lower level of duty of care. The salesperson's obligation towards them is limited and does not include fiduciary duties, reflecting the more transactional nature of that relationship.

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Fiduciary duties are owed to both client and customer

A client is not owed diligent service

Known material facts need not be disclosed to customers

Clients are responsible for marketing services

Customers owe a duty of loyalty to the salesperson

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