What is the term for a broker encouraging a former client to break a contract with a current broker?

The correct term for a broker encouraging a former client to break a contract with a current broker is referred to as an unethical practice. This scenario involves the broker engaging in behavior that undermines the integrity of contractual agreements and the fiduciary obligations that brokers have towards their clients. It violates professional standards expected in the industry and can lead to legal repercussions.

In this context, the term "incompetent practice" implies a lack of skill or knowledge, which isn't necessarily the case here; the broker may be knowledgeable but is choosing to act unethically. Fraudulent behavior generally involves deception for personal gain, which could be part of the unethical practice but doesn’t fully encompass the act of simply encouraging someone to break a contract. Standard business operation would suggest that such actions are normatively acceptable, which they are not in this instance.