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Which Louisiana rule applies when information from a client could materially harm that client bargaining position if disclosed?

Correct Answer

B) It is confidential information unless an exception applies

La. R.S. 9:3891 defines confidential information to include information obtained from a client that is made confidential by written request or whose disclosure could materially harm the client position, subject to statutory exceptions. Source basis: Louisiana Legislature official La. R.S. 9:3891, 9:3893, 9:3894, 9:3895, 9:3896, 9:3897, 9:3898, plus La. R.S. 37:1467; checked 2026-04-30.

Answer Options
A
A generic national agency rule replaces the Louisiana Law of Agency.
B
It is confidential information unless an exception applies
C
The label used by the salesperson alone determines the agency relationship.
D
The licensee may disclose confidential information whenever it helps close the transaction.

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Related Topics & Key Terms

Related Topics:

la.Vagency

Key Terms:

louisianala.Vagencyconfidential-information
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