New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems with the property. previously, they were expected only to answer buyers’ questions. the new regulation addressed the marketing ethical problem of a. deceptive pricing tactics. b. misleading advertising. c. withholding information. d. high-pressure sales techniques.
(C) Withholding information Explanation: The withholding information is one of the type of holding information in which we easily hold the various types of data or information deliberately in order to showing more power as compared to others. According to the question, the agent of the real estate are withholding the data or information from the buyers and the various types of new regulations are addressing to the specific withholding information ethical problem in the market. Therefore, Option (C) is correct.
The correct answer is C. withholding information.
Earlier the real estate agent could withhold information from buyer unless the buyer explicitly asked for it. But now, keeping in mind the benefit of the buyer regulations have changed against withholding information. It has become a mandate now to disclose existing problems of the property with the buyer so that they can make a well informed decision from their end.
Withholding information. Explanation: New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems with the property. Previously, they were expected only to answer buyers’ questions. However, the new regulation addressed the marketing ethical problem of withholding information. The new regulations has helped curtail the problem of agents holding back information about the property they intend putting up for sale.
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The correct answer is withholding information
Explanation: When a real estate agent retains or hides information directly related to the property or that is waiting to be sold, it is considered unethical. However, there may be legitimate reasons to retain information temporarily. For example, it is ethical to retain the names of dead victims until families are notified. Sometimes it is necessary to retain strategic information due to national security concerns, for example, a case involving the ongoing investigation of a terrorist plot. Or sometimes it is a good option to temporarily retain information that could unnecessarily scare the public.
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