This topic contains a solution. Click here to go to the answer

Author Question: On March 31, 2004, David Stark signed a nonexclusive right to sell agreement with Leonard Johnson, a ... (Read 125 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
On March 31, 2004, David Stark signed a nonexclusive right to sell agreement with Leonard Johnson, a real estate agent for Associated Brokers, to sell a ranch near Frisco, Texas. This contract allowed Associated to list and sell the property for 1,500,000 during a period between March 22, 2004, and August 22, 2004. The commission was to be 5. Dwayne Reider found the property on his own and went to see it on his own. Stark told Reider to talk with Associated. Associated met with Reider and he declined to make an offer. On October 24, 2004, Reider made an offer to Stark. Associated claimed its commission. Which of the following is correct?
 A) Because it was a nonexclusive right to sell, Associated is owed no commission.
 B) Because the seller sold the property, Associated is owed no commission.
 C) Associated is owed a commission because the contract was negotiated within 90 days following the expiration of the listing agreement.
 D) Associated is owed a commission because its agent met with Reider.

Question 2

In contrast to contributory negligence principles, comparative negligence principles are never applied to malpractice situations.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bison

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

B

Answer to Question 2

FALSE




penguins

  • Member
  • Posts: 903
Reply 2 on: Jun 24, 2018
:D TYSM


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Excellent

 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library