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Author Question: With respect to 37 above, what if the agreement between Ms. Demming and Ms. Underwood were oral? A) ... (Read 28 times)

vicky

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on: Jun 24, 2018
With respect to 37 above, what if the agreement between Ms. Demming and Ms. Underwood were oral?
 A) An oral agreement for a commission is generally unenforceable
 B) There is no principal/agent relationship if the agreement is oral
 C) An oral agreement for a commission is enforceable if the broker/agent has relied upon it
 D) Ms. Demming would owe a reasonable commission, but not necessarily 7

Question 2

The contact rule does not require that the accountant to actually meet or communicate with the third party to establish a relationship equivalent to privity.
  Indicate whether the statement is true or false


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cadimas

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


vicky

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Reply #2 on: Jun 24, 2018
Thank you :)


cadimas

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Reply #3 on: Jun 24, 2018
Happy to help you


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