Final answer:
The TREC Consumer Information Form 1-1 aims to educate consumers, provide transparency into real estate transactions, and serve as a disciplinary tool for complaints. These goals align with the consumer protection efforts by governmental agencies.
Step-by-step explanation:
The TREC Consumer Information Form 1-1 is designed to serve three primary purposes in the realm of real estate transactions. Firstly, it aims to educate consumers regarding their rights and the services they should expect from real estate professionals. Secondly, it provides transparency about the professional conduct and regulatory environment of real estate transactions, giving consumers insight into what standards must be upheld by agents. Lastly, it serves as a disciplinary tool, giving consumers information on where to file complaints if they believe an agent has violated state regulations or acted unethically. These purposes collectively ensure that consumers are well-informed, protected, and have recourse in the event of misconduct, aligning with the broader goal of various government agencies such as the FTC and the Consumer Products Safety Commission to safeguard consumer rights and interests.