Agency
A North Dakota seller's agent receives information that the buyer is willing to pay more than the offering price. The agent's duty is to:
AKeep this information confidential from the seller
BImmediately disclose this information to the seller✓ Correct
CDisclose this only if the seller specifically asks
DDisclose this information to both parties equally
Explanation
A seller's agent owes a duty of full disclosure to the seller-client. If the agent learns that a buyer is willing to pay more, this is material information that must be promptly disclosed to the seller.
Related North Dakota Agency Questions
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