University of Asia and the Pacific
According to the Pennsylvania real estate commission, which one of
the following actions by a licensee is prohibited conduct?
A. taking a listing that has a duration of only 2 months
B. negotiating a commission that seriously undercuts those of other brokerage firms
C. failure to disclose the licensees use of a third party to acquire property listed by the licensees office
D. Failure to engage legal counsel to respond to a commission request for information
stemming from a complaint about the licensee.
A broker advertised that during the year, his company had $92,000,000 of volume. Upon investigation, his records indicated that he listed $92,000,000 of real estate but closed only $27,000,000. This is an example of
1. untruthful or misleading statements in advertising
3. a valid advertisement if the municipality that compromises the market is specified
4. a felony related to the profession