A.comply with the buyer's request. B.advise the seller to accept the offer for $140,000. C.tell the seller exactly what the buyer said. D.mention the buyers willingness to pay more only it the seller is dissatisfied with the $140.000 offer
A.comply with the buyer's request. B.advise the seller to accept the offer for $140,000. C.tell the seller exactly what the buyer said. D.mention the buyers willingness to pay more only it the seller is dissatisfied with the $140.000 offer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
A North Carolina broker obtains a 120 day listing for $150,000 on a property. Shortly thereafter, the broker is working with a buyer as a seller's subagent and obtains an offer from the buyer for $140,000 The buyer informs the broker that if the seller will not accept the offer, he will probably increase his offer by $3,000, but not to tell the seller. When presenting the offer, the broker should
A.comply with the buyer's request.
B.advise the seller to accept the offer for $140,000.
C.tell the seller exactly what the buyer said.
D.mention the buyers willingness to pay more only it the seller is dissatisfied with the $140.000 offer
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education