Tennessee Real Estate License Exam Practice Question
Four small real estate firms formed a cooperative advertising group to share the high cost of larger display advertisements that would draw more attention to their listings. Calling their group 'Sell4U,' they began running a weekly half column. In addition to the names and numbers of all four firms, these advertisements must clearly state
Correct Answer: A
Rationale: Option A is essential as it provides transparency to potential buyers, allowing them to know which firm is responsible for each property, fostering trust and clarity.
Option B, while informative, is less critical to the advertisement's purpose; it does not directly impact the consumer's understanding of the listings.
Option C addresses commission structures, but this information is not necessary for an advertisement focused on property listings; consumers typically inquire about commissions directly with firms.
Option D, although relevant, shifts the focus away from the properties themselves, which is the primary aim of the advertisement.
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