Agency
A seller's agent has a duty to disclose to a buyer which of the following?
AThe seller's lowest acceptable price
BThe seller's personal financial situation
CKnown material defects that could affect the property's value or desirability✓ Correct
DAll previous offers that were rejected
Explanation
Even though a seller's agent represents the seller, they have a duty to disclose known material defects to buyers. This is an exception to confidentiality and exists to prevent consumer harm.
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