Humber/Ontario Real Estate Course 1 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 1 Exam with our comprehensive quiz. Test your understanding with multiple choice questions and detailed explanations. Build confidence and knowledge for a successful exam experience!

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A salesperson advertising that a home has been 'just listed' but it was previously listed by another brokerage and remained unsold for the past three months is an example of:

  1. False statement.

  2. Unilateral mistake.

  3. Misleading advertising.

  4. Fraudulent advertising.

The correct answer is: Misleading advertising.

In this scenario, the correct answer is "Misleading advertising." The salesperson is being misleading by using the term 'just listed' to imply that the property is new to the market, when in fact, it had been listed with another brokerage for the past three months without being sold. This could mislead potential buyers into thinking the property is a fresh listing, when in reality, it has been on the market for a significant period of time. This behavior falls under the category of misleading advertising, as it is likely to create a false impression or misconception among consumers.