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Is due a full commission from the seller

Is due a full commission from the seller

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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26 of 100 Jenny put a full offer on a property, which was accepted, and decided after 3 days to cancel the contract because she changed her mind. The listing broker: Is due a full commission from the seller May collect 50% of the liquidated damages if stated in the listing agreement Must offer all liquidated damages to the seller Is not allowed to collect any money
Transcribed Image Text:26 of 100 Jenny put a full offer on a property, which was accepted, and decided after 3 days to cancel the contract because she changed her mind. The listing broker: Is due a full commission from the seller May collect 50% of the liquidated damages if stated in the listing agreement Must offer all liquidated damages to the seller Is not allowed to collect any money
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