Agent Rebecca represents seller Tom. During a showing, unrepresented buyer Kevin asks Rebecca, 'What is the lowest price Tom will accept?' Under Ohio law, how should Rebecca respond?
Correct Answer
C) She should decline to reveal this confidential information because it is a fiduciary duty owed only to her client, Tom
Under Ohio agency law, a licensee's duty of confidentiality to their client includes not revealing the client's negotiating position, minimum acceptable price, or motivation. This is a fiduciary duty owed only to the client, not to all parties.
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