A North Dakota buyer's agent must keep confidential:
Correct Answer
A) The buyer's financial situation and motivation
The buyer's financial information and motivation are confidential. Disclosing these could weaken the buyer's negotiating position.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.
An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.
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