Bill is the listing agent responsible for selling a single-family home. The house is in desperate need of repairs as it has been neglected for the last 12 years. In an effort to attract more buyers, Bill posts an advertisement online stating that the property is "move-in ready". Has Bill violated any advertising guidelines? О Yes. Bill must disclose any material facts about the property in an online advertisement. Yes. This is a misleading advertisement. O Yes. Since the house is in bad shape, Bill is required to disclose the seller's reasons for selling the property. О • No. The property is not significantly misrepresented.

Bill is the listing agent responsible for selling a single-family home. The house is in desperate need of repairs as it has been neglected for the last 12 years. In an effort to attract more buyers, Bill posts an advertisement online stating that the property is "move-in ready". Has Bill violated any advertising guidelines? О Yes. Bill must disclose any material facts about the property in an online advertisement. Yes. This is a misleading advertisement. O Yes. Since the house is in bad shape, Bill is required to disclose the seller's reasons for selling the property. О • No. The property is not significantly misrepresented.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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