Virginia Real Estate Exam Practice Question
A statement such as "This is a dream home with the best views in town" made by a licensee is an example of what?
Correct Answer: D
Rationale: The statement "This is a dream home with the best views in town" exemplifies puffery, which refers to exaggerated claims that are subjective and not meant to be taken literally. Such statements are often seen in marketing and are generally accepted as opinions rather than factual assertions.
Option A, a lie, implies intent to deceive with false information, which is not applicable here as the statement reflects subjective opinion.
Option B, intentional misrepresentation, involves knowingly presenting false information as truth, which does not fit the nature of puffery.
Option C, positive misrepresentation, suggests a misleading but positive claim, yet it lacks the clarity of puffery, which is understood as promotional exaggeration.
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