Jeb is a licensee who wishes to sell his own home. He isn't sure if he should include the fact that he is a license holder in his advertisements. As Jeb's broker, you tell him that: "You are not required to include that you are a license holder in your ad and you must never verbally disclose your status as a license holder." "You are required by law to include that you are a license holder in your ad." "You are not allowed to say that you are a license holder when selling your own home." "You are not required to include that you are a license holder in your ad, but I recommend that you disclose that information to potential

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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Jeb is a licensee who wishes to sell his own
home. He isn't sure if he should include the fact
that he is a license holder in his advertisements.
As Jeb's broker, you tell him that:
"You are not required to include that you are a
license holder in your ad and you must never
verbally disclose your status as a license
holder."
"You are required by law to include that you are
a license holder in your ad."
"You are not allowed to say that you are a
license holder when selling your own home."
"You are not required to include that you are a
license holder in your ad, but I recommend that
you disclose that information to potential
Transcribed Image Text:Jeb is a licensee who wishes to sell his own home. He isn't sure if he should include the fact that he is a license holder in his advertisements. As Jeb's broker, you tell him that: "You are not required to include that you are a license holder in your ad and you must never verbally disclose your status as a license holder." "You are required by law to include that you are a license holder in your ad." "You are not allowed to say that you are a license holder when selling your own home." "You are not required to include that you are a license holder in your ad, but I recommend that you disclose that information to potential
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