Question: 1. If there was a statement made that was known to be false, it was done with an intent to deceive, there was justifiable reliance

 1. If there was a statement made that was known to

1. If there was a statement made that was known to be false, it was done with an intent to deceive, there was justifiable reliance and the other party suffered financial damages we would call this? 2. In a lawsuit, which of the following types of damage maybe awarded? a. Compensatory b. Punitive c. Neither d. Both 3. The agent is not required by Oregon Statute to physically inspect a property for defects. True or False If a client asks for information on the condition of the roof or a question about the type of deed to use, the agent is required to provide this information to the best of their ability. True or False? A physical problem with a property that is not readily visible by a home inspector is known as a defect. Is it true or false that often times buyers "believe" the seller's agent is also looking out for their best interests too? In a law suit, the person who filled the law suit is called the plaintiff? True or False. "Red flags" are often warnings of a more serious physical problem with the property. True or false. The "duty to disclose" not defeated by the concept of "buyer beware"? True or False NAR has a code of Ethics. As a Real Estate Broker and a member of NAR; are the Code of Ethics an optional part of their membership requirements? Yes or No. The NAR code of ethics was first established in ? Article 1-9 (1) of the code of ethics requires the Broker to not Negligent misrepresentation is like fraud, but it does not require proof of intent. True or False

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