Agency
A New Jersey listing agent who inadvertently reveals to a prospective buyer that the seller must sell quickly due to financial hardship has breached which fiduciary duty?
ALoyalty to the buyer
BConfidentiality owed to the seller✓ Correct
CObedience to the NJREC
DAccounting for the buyer's funds
Explanation
The listing agent owes confidentiality to the seller client. Disclosing the seller's motivation or financial distress to the buyer undermines the seller's negotiating position and constitutes a breach of the agent's fiduciary duty of confidentiality.
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