In a timeshare seminar that was advertised to 10,000 people, the timeshare people did not reveal the minimum attendance required for the prize giveaways. Is this a violation of the Real Estate Law?
A) No, the Real Estate Law does not regulate advertising for timeshares
B) Yes, anyone giving away prizes must disclose in advance the minimum attendance required for the giveaways
C) No, the law specifically allows the seller of the timeshare to surprise the consumer by requiring attendance at a presentation
D) Yes, unless the prize us in excess of $10,000
Correct Answer:
Verified
Q13: The Real Estate Commissioner issues special permits
Q14: Under the Truth-in-Lending Law, which of the
Q15: Concerning the following, which would be correct?
A)A
Q16: A broker secures a listing, negotiates a
Q17: Loans which are approved under the Federal
Q19: A deposit receipt does not contain the
Q20: Under the "Bulk Sales Law', who would
Q21: After six lots have been sold in
Q22: A lease for a three-year term which
Q23: Marx usually takes a shortcut to one
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents