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False or deceptive practice in relation to a specific list of key factors; Omission of material information (unclear or untimely information) Aggressive practice by harassment, coercion or undue influence; These elements of deceptive advertising may impair a consumer's ability to make an informed decision, limiting their freedom of choice.
A statement which is "technically true" but which gives a misleading impression is deemed an "untrue statement". [ 32 ] [ 33 ] If a misstatement is made and later the representor finds that it is false, it becomes fraudulent unless the representer updates the other party. [ 34 ]
A regulated developer is to provide each purchaser with a disclosure document called a Property Report. The Property Report contains relevant information about the subdivision and must be delivered to each purchaser before the signing of the contract or agreement and gives the purchaser at a minimum a 7-day period to cancel the purchase agreement.
Stambovsky v. Ackley, 169 A.D.2d 254 (N.Y. App. Div. 1991), commonly known as the Ghostbusters ruling, was a case in the New York Supreme Court, Appellate Division.The court held that a house, which the owner had previously advertised as haunted by ghosts, was legally haunted for the purpose of an action for rescission brought by a subsequent purchaser of the house.
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Section 17500 prohibits any untrue or misleading statements made in connection with the sale of goods or services, which is narrower standard than section 17200. [32] For example, section 17500 only concerns advertising of property or services while section 17200 has no such limitation.
By mapping out the people, processes, and information needed to deliver a product, organizations can easily identify areas of waste. ... 31 Possibly Deceptive Real Estate Listing Terms You Should ...