A developer has prepared an advertisement offering several lots for sale. One lot is $10,000 and all others are in the $15,000-$20,000 price range. Prior to actually running the ad the developer receives an offer for the $10,000 lot which he intends to accept. Which of the following statements is true regarding the advertisement?
A. the developer may publish the ad as planned
B. the developer cannot publish the ad as planned
C. the developer may publish the ad as planned, but it cannot run for more than 4 weeks
D. the developer may publish the ad run as planned until 50% of the lots are sold
The stem did not say the offer had been accepted, only that he intended to accept it. The ad may run as planned.
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Exam Details
Study these questions to prepare for the real estate salesperson exam. The first 40 questions are Virginia Specific.
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Added: 7/25/2013
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