Lesson 8: Regulation of Real Estate Licensees

Question 1

business opportunity

Answer 1

A business opportunity is the sale or lease of a business, including the inventory, equipment, goodwill, and other assets.

Question 2

Dishonest dealing

Answer 2

Dishonest dealing is any act that involves betrayal, faithlessness, or an absence of integrity.

For instance, any breach of fiduciary duty would be cause for sanctions under this section.