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What are examples of inducements that may distort the true value of real estate or of the service you provide?

User Kurosch
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Final answer:

Examples of inducements that may distort the true value of real estate or services include false advertising, biased pricing, and incentives.

Step-by-step explanation:

Inducements that may distort the true value of real estate or the service provided can include:

  • False advertising: For example, real estate advertisements featuring misleading photographs that do not reveal undesirable aspects of a property, such as proximity to a landfill or factory.
  • Biased pricing: In the example of renting a house, a realtor may show run-down houses within the budget and a nicer house that is slightly above the budget, influencing the decision to pay more for the nicer house.
  • Incentives: Businesses may offer inducements to attract customers, such as easy credit or limited-time offers, which may not accurately reflect the true value or quality of the product or service.

User Algorowara
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