When a broker misrepresents his principal's property to a buyer, he could cause his principal to be subject to:

A: A court action for damages by the buyer;
B: A rescission of the sale by the buyer;
C: Civil responsibility for compensating the buyer for misrepresentations of the broker;
D: Any of the above.

Answer: D: Any of the above.

Business

You might also like to view...

A key function of the monthly income and expense plan is to identify months of cash shortages

Indicate whether the statement is true or false.

Business

Because of the nature of the common law system, the law is inflexible

Indicate whether the statement is true or false

Business