a salesperson works for a brokers realty firm. the broker is the sole proprietor with 42 active brokerage engagements. after recieving a prospects call about wanting to make an offer on one of those listed properties, the salesperson learns that the broker has had a severe stroke and has been hospitalized. upon visit in the sales person finds her alert but paralyzed on one side of her body. have the brokerage engagement of the brokers firm come to an end? yes because this firm has over 20 active brokerage engagementS no but if the broker dies, the brokerage engagements of the firm will be terminated  yes anytime a broker is hospitalized, all brokerage engagements of the firm terminate no only the bankruptcy of a broker can terminate A firm's brokerage engagement

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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a salesperson works for a brokers realty firm. the broker is the sole proprietor with 42 active brokerage engagements. after recieving a prospects call about wanting to make an offer on one of those listed properties, the salesperson learns that the broker has had a severe stroke and has been hospitalized. upon visit in the sales person finds her alert but paralyzed on one side of her body. have the brokerage engagement of the brokers firm come to an end?

yes because this firm has over 20 active brokerage engagementS

no but if the broker dies, the brokerage engagements of the firm will be terminated 

yes anytime a broker is hospitalized, all brokerage engagements of the firm terminate

no only the bankruptcy of a broker can terminate A firm's brokerage engagement

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