What rules should brokers follow to decrease the possibility of lawsuits? a) Property inspection rules
b) Office policy rules
c) Licensing rules
d) Agency disclosure rules

Property inspection rules

Explanation:

Property inspection rules ensure that routine inspection is carried out on a property to ensure it is well cared for.

When a buyer of real estate makes a purchase and realises that the property has defects that were not disclosed initially, he can sir the seller and the broker.

To avoid this the broker should ensure that property inspection rules are followed.

The tenant should also be aware of the inspection and have access to the result. This will give him adequate knowledge of the defects of the property prior to purchase.

With this fore knowledge it is less likely the buyer will sue for undisclosed defects.

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

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