pleasse answer questions 47 and 48

Courts hold real estate salespeople to a standard described as a "duty of care" If a salesperson is being sued by an unhappy buyer who purchased a business the salesperson had Isted, which of the following statements describes an argument the court may give weight to in determining the salesperson did not violate the duty of care? 46 "The buyer did not ask to see the financial statements" "I just got my registration as a salesperson two weeks prior to this transaction" "I had never sold that type of property before" a b c d advised the buyer in writing to get legal advice before signing the offer." 47 Before having a buyer sign a representation or service agreement, the REBBA 2002 Code of Ethics requires that a registrant must provide the buyer with certain information correct regarding the nature of the required information? Which of the following statements is (are) i. The type of service altermatives that are available to the buyer, e.g. client or customer i. The nature of the services that the brokerage would provide based on the buyer's choice of client or customer status in If the brokerage was representing two clients in the same trade, the nature of the services it would provide to each client v. The fact that the brokerage could provide services to more than one customer in respect of the same trade in real estate Only statements i and is. are correct Only statements i and i are correct a b c All four statements are correct Only statements i, R and ii, are d Agency law requires that an agent cannot act both as an agent and also as a principal in a transaction with the client without the client's knowledge and consent Where is this requirement to disclose when a real estate registrant is buying or selling property more specifically addressed in statute law so that consumers are protected? a In the Real Estate and Business Brokers Act, 2002 in the section dealing with buying and selling by a registrant b In the Real Estate and Business Brokers Act, 2002 in the section detailing the Exemptions from Registration c in the Real Estate and Business Brokers Act, 2002 in the section dealing with Trust Accounts d In the Consumer Protection Act in the section relating to Unfair Practices in the selling of services