Tennessee Real Estate Exam Practice Question
When four small firms form a cooperative advertising group called “Sell4U†their weekly newspaper ads must clearly state
Correct Answer: B
Rationale: Option B is essential as it clarifies the nature of the cooperative, ensuring consumers understand that Sell4U operates independently and is not a national real estate franchise. This transparency helps avoid potential confusion about the services offered.
Option A is incorrect because individual property listings are not a requirement for cooperative advertising; the focus is on the group's identity, not the specifics of each firm's offerings.
Option C is not relevant, as commission structures are internal matters that do not need to be disclosed in advertising.
Option D misrepresents the cooperative's purpose; complaints should ideally be handled by the individual firms, but this detail does not need to be explicitly stated in ads.
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