Agency
A Connecticut dual agent is representing both the buyer and seller in the same transaction. During negotiations, the buyer asks the dual agent 'how low will the seller go?' The dual agent must:
AShare the seller's minimum price since both parties are clients
BRefuse to share this confidential information since it belongs to the seller and cannot be disclosed even in a dual agency✓ Correct
CGuess at the seller's minimum to help the buyer
DDirect the buyer to make an offer and see what happens
Explanation
Even in a dual agency, each party retains the right to confidentiality of certain information. The seller's minimum acceptable price is confidential—the dual agent cannot share it with the buyer. This is one of the key limitations of dual agency.
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