Final answer:
Nikki's conflict arises from conflicting duties of disclosure and obedience in real estate. She must balance presenting all offers with following her client's instructions.
Step-by-step explanation:
Nikki's conflict arises from her duty of disclosure and duty of obedience. The duty of disclosure requires real estate licensees to present all offers to their clients, while the duty of obedience requires agents to follow their clients' instructions. In this case, Nikki's client has instructed her not to present offers that are less than the listing price, which conflicts with her duty of disclosure.
A clear example of this conflict is when Nikki receives an offer that is below the listing price. If she follows her duty of disclosure, she would present the offer to her client regardless of their instruction. However, if she follows her duty of obedience, she would not present the offer.
In this situation, Nikki needs to balance these conflicting duties and consider the potential consequences. She may need to explain the importance of presenting all offers to her client and discuss the potential benefits of considering offers below the listing price.