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📖 Exam Syllabus
Free Revision Lesson
Chapter 3.1.
Regulation of real estate agency industry
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What is the purpose of the Consumer Protection (Fair Trading) Act (CPFTA)?
Mcq Answers
To regulate the commission rates of salespersons
To ensure fair pricing of all properties
To protect consumers against unfair practices and ensure fair trading
To mandate property inspections before sales
The answer is C
The CPFTA aims to protect consumers against unfair practices and ensure fair trading in Singapore.
What is the purpose of the Consumer Protection (Fair Trading) Act (CPFTA)?