Question: To limit each of the below risks - explain, using one (1) example, why it is ethically important that the agent holds the appropriate NSW

To limit each of the below risks - explain, using one (1) example, why it is ethically important that the agent holds the appropriate NSW real estate licence:

Risk to consumer

Risk to agency

Risk to industry

Personal risk

List two (2) penalities for not holding the appropriate Real Estate Licence

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