Agency
In Tennessee, the duty of confidentiality to a client means the broker may NOT disclose:
AThe existence of multiple offers on the property
BKnown material defects in the property
CThat the seller will accept less than the listed price✓ Correct
DThat the property is located in a flood zone
Explanation
The duty of confidentiality prohibits disclosing a client's bargaining position, such as the seller's willingness to accept less than the asking price. Material defects and flood zone information are facts that must be disclosed to all parties.
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