In WA, what is 'vendor-paid advertising' and what are the agent's obligations regarding it?
Correct Answer
D) Marketing costs paid by the seller that need written authority and full receipts
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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