Hi, thanks for watching our video about the Law of Agency! In this video we’ll walk you through: 1. Define the following agency terms: agency, principal, client, agent, fiduciary, and customer. 2. List the duties licensees owe to clients and to customers. 3. List and explain the types of real estate agencies allowed in NY and explain the NY rules for commissions. 4. Name the federal antitrust statutes and explain these antitrust terms: price fixing, boycotts, market allocation, and tie-in agreements.
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