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17. When the seller listed his property with a broker, ship. the seller specifically told the broker that he never had a water problem in the basement of his house The broker repeated the statement to a buyer found by the broker. Before the closing, the buyer discovered that the basement floods with every rainstorm. If the buyer decides to void the con- tract, the broker may be entitled to A. a partial commission. a full commission. В. C. a half commission. D. a no commission. was not act- 8. In a recent transaction, the broker ing as an agent of either the seller or the buyer, although he was still required to treat all parties honestly and competently. The broker was MOST likely acting as A. a disclosed dual agent. an undisclosed dual agent. В. C. a transaction broker. D. a procuring cause.

17. When the seller listed his property with a broker, ship. the seller specifically told the broker that he never had a water problem in the basement of his house The broker repeated the statement to a buyer found by the broker. Before the closing, the buyer discovered that the basement floods with every rainstorm. If the buyer decides to void the con- tract, the broker may be entitled to A. a partial commission. a full commission. В. C. a half commission. D. a no commission. was not act- 8. In a recent transaction, the broker ing as an agent of either the seller or the buyer, although he was still required to treat all parties honestly and competently. The broker was MOST likely acting as A. a disclosed dual agent. an undisclosed dual agent. В. C. a transaction broker. D. a procuring cause.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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C7. 17-18
nearest houses of worship. 17. When the seller listed his property with a broker. the seller specifically told the broker that he never had a water problem in the basement of his house The broker repeated the statement to a buyer found by the broker. Before the closing, the buyer discovered that the basement floods with rainstorm. If the buyer decides to void the con- every tract, the broker be entitled to may A. a partial commission. a full commission. В. C. a half commission. D. a no commission. was not act- 18. In a recent transaction, the broker ing as an agent of either the seller or the buyer, although he was still required to treat all parties honestly and competently. The broker was MOST likely acting as a disclosed dual agent. B. an undisclosed dual agent. C. a transaction broker. D. a procuring cause. А. 19 Two licensees work for the same broker. They agree to divide their town into two halves; one licensee will handle listings in the northern regi
Transcribed Image Text:nearest houses of worship. 17. When the seller listed his property with a broker. the seller specifically told the broker that he never had a water problem in the basement of his house The broker repeated the statement to a buyer found by the broker. Before the closing, the buyer discovered that the basement floods with rainstorm. If the buyer decides to void the con- every tract, the broker be entitled to may A. a partial commission. a full commission. В. C. a half commission. D. a no commission. was not act- 18. In a recent transaction, the broker ing as an agent of either the seller or the buyer, although he was still required to treat all parties honestly and competently. The broker was MOST likely acting as a disclosed dual agent. B. an undisclosed dual agent. C. a transaction broker. D. a procuring cause. А. 19 Two licensees work for the same broker. They agree to divide their town into two halves; one licensee will handle listings in the northern regi
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