7. Three offers arrive before the scheduled presentation time. The broker must show

Answer: A

Explanation:

The broker must show all three offers.

In the given scenario, the broker is required to present all three offers that arrive before the scheduled presentation time. This ensures that the client has a complete view of their options and can make an informed decision.

A) all three offers

This option is correct because it emphasizes the broker's responsibility to provide the client with every available offer. Showing all offers enables the client to compare and evaluate each one based on their merits.

B) only the first

This option is incorrect as it suggests that the broker should limit the presentation to just the first offer received. By doing so, the client would miss out on potentially better options that may have come later.

C) only the highest

This option is not accurate because it implies the broker should only focus on the highest offer, disregarding others. This could lead to a missed opportunity for the client to consider other competitive offers that may better meet their needs.

D) only the most favorable

This option is also incorrect since "most favorable" is subjective and could vary depending on the client's priorities. The broker is obligated to present all offers, allowing the client to determine which one is most favorable based on their specific situation.

Conclusion

The correct answer is A, as it aligns with the broker's duty to fully inform the client of all available offers. Options B, C, and D fail to recognize the importance of transparency and comprehensive information in the decision-making process. Showing all offers ensures the client can make a well-informed choice.