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According to New Jersey regulations, who is required to disclose ownership information on price lists?

  1. Only the funeral director

  2. A person who owns 10% or greater interest

  3. Anyone with a license in mortuary science

  4. Only the registered manager

The correct answer is: A person who owns 10% or greater interest

The requirement to disclose ownership information on price lists is specifically aimed at those who hold a significant interest in the funeral establishment. A person who owns 10% or greater interest in the business is directly responsible for ensuring that ownership is disclosed. This regulation is designed to promote transparency for consumers, allowing them to understand who is financially involved in the funeral home they are considering. Individuals with smaller ownership stakes may not be subject to the same disclosure requirements, as they do not significantly influence the operations or policies of the establishment. Thus, requiring disclosure from those holding 10% or more ensures that only those with a substantial role in the business are accountable for the information presented to consumers.