Agency
A buyer's agent who learns confidential information about the buyer (such as the maximum price they are willing to pay) must:
ADisclose it to the seller as a material fact
BRecord it in the listing agreement
CKeep it confidential and not disclose it to the seller✓ Correct
DReport it to AREC
Explanation
A buyer's agent owes the duty of confidentiality to their buyer-client. The buyer's maximum price is sensitive negotiating information that must not be shared with the seller or listing agent.
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