A licensee with permission from his designated broker, sets up his own subsection S corporation, which he calls M reality. He then rents a billboard and advertises a listing on it, using only M realty name, is this legal?
A. No, because ads must give the name of the firm
B. No, because the firm must be the one that rents the billboard
C. Yes, because he had the designated brokers consent
D. Yes, because he used the exact corporation that was registered with the Secretary of State
Answer: A. No, because ads must give the name of the firm
Under Washington's real estate license law, every advertisement placed by a licensee on behalf of others must contain the name of the real estate firm as licensed. This is true even if a licensee conducts his own operations under a separately named business entity.
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Waldo Stores will reward an all-expense-paid trip to Hawaii to anyone who correctly guesses the date on which Waldo Stores was first established in the Boston area. Which type of sales promotion is evident here?
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