A licensee who trades under a registered business name places a newspaper advertisement for a listing. Under the Property and Stock Agents Act 2002, what must the ad include?
Correct Answer
C) The licensee's own name or the registered business name
Section 50(1) of the Property and Stock Agents Act 2002 prohibits a licensee from publishing an advertisement relating to the business unless it includes the licensee's name or, where the licensee trades under a registered business name, either the licensee's name or that business name.
Why This Is the Correct Answer
For a licensee trading under a registered business name, s 50 is met by either that name or the licensee's own name.
Why the Other Options Are Wrong
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