Which of the Following Statements Made by a Real Estate

question 90

Multiple Choice

Which of the following statements made by a real estate agent to a prospective buyer of a house offered for sale is an example of legal "puffing" rather than fraud?

• A)"This is a solid little house, built in 1995." (The house was built in 1985.)
• B)"Believe me, friend. This is your dream home! It's perfect for your family, and the price is right for you!" (The buyer can't afford the house.)
• C)"The shake roof is wooden but it's fireproof." (The roof was treated with a fire retardant, warranted for three years, but installed ten years ago.)
• D)"Look outside. There's practically no traffic on this street. It is quiet and safe for your kids." (The street becomes a veritable thoroughfare from 7 to 9 AM and 4 to 6 PM every work day.)

---

Definitions:

Strategic Moves

Actions taken by a company to enhance its competitive position within the market.

Product Life Cycle

The series of stages a product goes through from introduction to growth, maturity, and decline as it exists in the market.

Marketing Strategies

Comprehensive plans formulated to achieve specific marketing objectives, such as increasing brand awareness, generating sales, or entering new markets.

Changing Tastes

Variations or shifts in consumer preferences and desires over time, which can affect market demand.