Agency
A NC broker who fails to provide the Working with Real Estate Agents (WWREA) disclosure at first substantial contact is subject to:
ANo consequence since it is just a courtesy
BDisciplinary action by the NCREC for violating license law✓ Correct
CA lawsuit by the client only
DA fine by HUD
Explanation
Failure to provide the WWREA disclosure at first substantial contact violates NCREC rules and NC license law, subjecting the broker to potential disciplinary action.
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