ContractsMEDIUM
The Illinois Consumer Fraud Act protects buyers from:
Correct Answer
B) Deceptive practices in real estate transactions
The Illinois Consumer Fraud and Deceptive Business Practices Act protects consumers, including real estate buyers, from deceptive and unfair business practices.
Answer Options
A
High property taxesB
Deceptive practices in real estate transactionsC
Increasing interest ratesD
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Related Topics & Key Terms
Related Topics:
seller-disclosure-requirementsagency-relationshipsreal-ethics-illinois
Key Terms:
Illinois Consumer Fraud Act815 ILCS 505deceptive practicesreal estate misrepresentationconsumer protection
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