You represent the cellar in a transaction. You receive a lowball offer from a buyer that you represented several years ago when he was selling a property. You know that he is wealthy and we'll be able to afford the full amount. You may:
a. tell the seller since it's in her best interest.
b. Not tell the seller unless you receive both parties consent to dual agency.
c. Not tell the seller since you continue to owe the duty of confidentiality.
d. Tell the seller if the statute of limitations has run out on your agency agreement with the buyer
Answer: c. Not tell the seller since you continue to owe the duty of confidentiality.
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