Agency
Which of the following best describes a listing broker's duty to disclose a seller's financial distress?
AMust disclose to all buyers without restriction
BMust not disclose without seller's permission; it is confidential client information✓ Correct
CMust disclose if the buyer directly asks
DMust disclose in all short sale situations
Explanation
A listing broker owes confidentiality to the seller and must not disclose the seller's financial distress, motivations, or minimum acceptable price without the seller's permission.
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