New Jersey License Law
A licensee who guarantees future profit on a real estate investment is:
APermitted if the market is strong
BViolating NJ license law and potentially committing fraud✓ Correct
CRequired to do so under the duty of full disclosure
DActing within normal promotional activity
Explanation
Guaranteeing investment returns or future profits on real estate violates NJ license law and can constitute fraud or misrepresentation, since future values are inherently uncertain.
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