In WA, what is 'vendor-paid advertising' and what are the agent's obligations regarding it?
Correct Answer
B) Marketing costs paid by the seller, which must be authorised in writing and the agent must provide receipts or invoices for all expenditure
Vendor-paid advertising refers to marketing costs borne by the seller. Under WA law, the agent must obtain written authorisation from the seller for all advertising expenditure, keep the funds in a trust account, and provide receipts or invoices for all amounts spent.
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