Agency
Under Minnesota law, which information learned about a client in an agency relationship survives the termination of the agency and must remain confidential?
AOnly information shared within 30 days before termination
BConfidential information such as financial situation, motivating factors, and negotiating limits✓ Correct
CAll information since the beginning of the relationship indefinitely
DOnly information specifically labeled as confidential by the client
Explanation
The duty of confidentiality in Minnesota agency relationships survives the termination of the agency. Information about a client's financial situation, motivating factors, negotiating position, and other sensitive matters remains confidential indefinitely after the agency ends. This prevents former agents from using confidential client information against clients in future transactions.
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