Marcie contacted broker Rita to list her house for sale at a price of $250,000. She told Rita that she needed a quick sale. At an open house, Rita told a prospective buyer that Marcie needed to sell fast and that she might accept $225,000. Marcie accepted the offer of $225,000. Which of the following is correct?

A. Rita violated her fiduciary duty by disclosing confidential information
B. Rita violated her fiduciary duty, but she isn't liable for the harm, since Marcie accepted the offer
C. Rita did not violate her fiduciary duty, since the offer was accepted
D. Rita did not violate her fiduciary duty, since this would be considered a material fact

Ans: A. Rita violated her fiduciary duty by disclosing confidential information
Explanation: An agent has a fiduciary duty not to disclose confidential information concerning the principal, unless she has been specifically instructed that she may disclose that information.