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

Author Question: Under this type of real estate listing contract, the real estate agent is entitled to a commission ... (Read 366 times)

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
Under this type of real estate listing contract, the real estate agent is entitled to a commission if the property is sold during the life of the contract, even if you find your own buyer.
 
  A. Exclusive-right-to-sell listing
  B. Exclusive agency contract
  C. Open listing
  D. Closed listing

Question 2

The reputation effect ________.
 
  A) solves the agency problem
  B) leads to equal distribution of resources among all the stakeholders
  C) increases the problems of self-dealing
  D) reduces transaction costs



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Answer to Question 1

A. Exclusive-right-to-sell listing

Answer to Question 2

D





 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

For a complete list of videos, visit our video library