Wyoming License Law
In Wyoming, which of the following is an example of misrepresentation?
AAccurately describing a property's square footage
BStating that the basement never floods when the seller has disclosed prior flooding to the agent✓ Correct
CDisclosing a known foundation crack to the buyer
DInforming a buyer that a price is negotiable
Explanation
Stating that a basement never floods when the agent knows of prior flooding (from seller disclosure) is a material misrepresentation. This false statement about a material fact could expose the agent and broker to liability for fraudulent or negligent misrepresentation.
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