Mississippi License Law
Under Mississippi license law, advertising a property with a materially misleading price or description is:
APermitted as puffery if market conditions support it
BA disciplinary violation that can result in license suspension or revocation✓ Correct
COnly illegal if the buyer actually purchases based on the ad
DLegal in competitive markets
Explanation
Misleading advertising violates Mississippi license law and MREC rules. Licensees must ensure all advertising is accurate and not misleading.
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