Which phrase best completes Standard III$($E$)$: Preservation of Confidentiality? "Members and candidates must keep information about current, former, and prospective clients confidential, unless:

the client or prospective client cannot be located and the information is material"

disclosure is required by law:"

doing so would violate Standard IV$($A$)$: Loyalty to the Client."

the member or candidate thinks the information might be illegal."