Question

If a seller elects, in the listing contract, to provide

a buyer with a sellers property disclosure form, it must
be
a. completed by the listing broker
b. signed by the seller and verified by the listi

Answer 1

Sellers of goods can reassure buyers faced with imperfect information by providing accurate information, offering warranties, and sharing testimonials.

Step-by-step explanation:

A seller of goods can reassure a possible buyer who is faced with imperfect information in several ways:

1. Providing accurate and detailed information: Sellers can provide comprehensive product descriptions, specifications, and features to help buyers make informed decisions.
2. Offering warranties or guarantees: Sellers can offer warranties or guarantees to provide reassurance that the product will function as expected and address any issues that may arise.
3. Providing testimonials or reviews: Sellers can share testimonials or reviews from satisfied customers to build trust and confidence in their products.

Answer 2

To reassure a potential buyer with imperfect information, a seller can provide comprehensive disclosures, offer warranties or guarantees, and have an open return policy.

Step-by-step explanation:

When a seller of goods is dealing with a potential buyer who may not have full information about the product, there are several strategies they can employ to reassure the buyer. Firstly, they can provide a comprehensive disclosure of all information about the product, ensuring transparency. Such disclosures can include product details, specifications, potential defects, and past reviews or testimonials. Secondly, offering a warranty or guarantee can give the buyer peace of mind that they will be supported if anything goes wrong with the product after the purchase. Lastly, having an open return policy can reassure buyers they can return the product if it does not meet their expectations.