Agency
In Rhode Island, what is the consequence of failing to provide the required agency disclosure to a consumer?
AThe sale is automatically void
BThe licensee may face disciplinary action by the DBR and potential civil liability✓ Correct
CThe agent must pay a $50 fine
DThe buyer can require a reduction in purchase price
Explanation
Failure to provide required agency disclosure in Rhode Island can result in disciplinary action by the DBR (including license suspension or revocation) and potential civil liability to the affected consumer.
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