Agency & LawCâu 42 / 120
'Puffing' differs from misrepresentation because puffing:
a.Is a written guarantee of value
b.Always constitutes fraud
c.Is an opinion or exaggeration, not a statement of material fact
d.Must be disclosed on the seller's disclosure notice
Giải thích
Puffing is a subjective opinion or sales exaggeration, such as calling a home 'the best deal in town,' and is not actionable. Misrepresentation involves a false statement of a material fact that the other party reasonably relies on.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The concept of 'procuring cause' is most relevant when determining:
- Which of the following actions by an agent would MOST likely breach the fiduciary duty of loyalty?
- An agent must present to the seller:
- A single agent who represents the buyer in a transaction owes the buyer the duty to:
- An agency relationship between a broker and client is typically created by:
- If a listing broker fails to disclose to their seller-client a material fact that harms the seller, the broker may be liable for:
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