Under the Uniform Regulation of Business and Professions Act ( URBPA), which of the following actions by a licensee would constitute unprofessional conduct?
A. Allowing an unlicensed assistant to submit property information to the MLS
B. Being convicted of a gross misdemeanor related to a motor vehicle accident
C. Failure to include in an advertisement the designated broker's name and telephone number of the brokerage
D. Failure to provide a buyer with a property disclosure form
Answer: D. Failure to provide a buyer with a property disclosure form
Depending on the circumstances, failure to provide a property disclosure form in a transaction where one is required could be considered incompetence, negligence, malpractice, or misrepresentation. In any case, it violates the Uniform Regulation of Business and Professions Act. An advertisement must include the firm's name as licensed, not the name of the firm's designated broker or the telephone number.
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In competitive markets with low entry barriers, the optimal channel structure will inevitably change over time
Indicate whether the statement is true or false