Agency
A New Hampshire buyer's broker who is aware that the buyer wants to pay no more than $350,000 but the asking price is $375,000 should:
ATell the seller's agent the buyer's maximum price to facilitate a deal
BKeep the buyer's financial limit confidential and negotiate in the buyer's best interest✓ Correct
CRefuse to write an offer below the asking price
DDisclose the limit to the seller as a material fact
Explanation
The buyer's agent owes a duty of confidentiality to the buyer. The buyer's maximum price is confidential information that must not be disclosed to the seller or seller's agent.
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