Ask Question
BusinessBusiness
1 June, 16:17

New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems with the property. Previously, they were expected only to answer buyers' questions. The new regulation addressed the marketing ethical problem of

A. deceptive pricing tactics.

B. misleading advertising.

C. withholding information.

D. high-pressure sales techniques.

+3
Answers (2)
  1. 1 June, 16:40
    0
    The correct answer is C. withholding information.

    Earlier the real estate agent could withhold information from buyer unless the buyer explicitly asked for it. But now, keeping in mind the benefit of the buyer regulations have changed against withholding information. It has become a mandate now to disclose existing problems of the property with the buyer so that they can make a well informed decision from their end.
  2. 1 June, 19:45
    0
    Answer: (C) Withholding information

    Explanation:

    The withholding information is one of the type of holding information in which we easily hold the various types of data or information deliberately in order to showing more power as compared to others.

    According to the question, the agent of the real estate are withholding the data or information from the buyers and the various types of new regulations are addressing to the specific withholding information ethical problem in the market.

    Therefore, Option (C) is correct.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems with the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Why does emotional hijacking occur? a. People are hard-wired to feel emotions about a situation before they reason it out. b. People spend too much time developing self-awareness, so they become overly emotional. c.
Answers (1)
Do the following functions exhibit increasing, constant, or decreasing returns to scale? What happens to the marginal product of each individual factor as that factor is increased and the other factor held constant? a. q = 3L+2K b. q = (2L + 2K) ^.
Answers (1)
In accounting for a long-term construction-type contract using the percentage-of-completion method, the gross profit recognized during the first year would be the estimated total gross profit from the contract, multiplied by the percentage of
Answers (1)
Tedder Mining has analyzed a proposed expansion project and determined thatthe internal rate of return is lower than the firm desires.
Answers (1)
Voice is a principle of good communications One major reason to do an in-depth interview of top management and communicators before designing an effective employee communications program is to that can enhance "getting through" to employees.
Answers (2)
New Questions in Business
Alicia is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current year, ABC has net income of $325,000 after deducting Alicia's $100,000 salary.
Answers (1)
Henry Edwards was injured in an accident caused by another driver who did not have insurance. Henry's medical expenses would be covered by: A. collision. B. no-fault coverage. C. bodily injury liability. D. uninsured motorists protection Its not B
Answers (1)
Oliver is a manager at a watch company. He believes that money is the sole motivator for workers, so he links workers' pay directly to their output. For each watch a worker produces, he or she receives $5.
Answers (1)
If the management decision problem is: "should a new product be introduced?" what is the most appropriate marketing research problem?
Answers (1)
Vaughn Manufacturing received a check for $24480 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $24480.
Answers (1)
Home » Business » New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems with the property. Previously, they were expected only to answer buyers' questions.
Sign Up Forgot Password?