This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Hannah Hall is a broker who has the listing agreement for the sale of the Taylor home. The ... (Read 148 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jun 24, 2018
Hannah Hall is a broker who has the listing agreement for the sale of the Taylor home. The Wettsteins visit the Taylor home during an open house and talk with Hannah. The Wettsteins are not completely sold on the Taylor home, so Hannah offers to show them five other homes she has in the area that she believes will suit the Wettsteins' needs. The Wettsteins explain to Hannah that they cannot spend more than 400,000. Hannah finds a house for the Wettsteins. It is listed for 400,000 but the Wettsteins, after looking at comparables in the area, decide to offer 375,000. The owner of the house (a house also listed by Hannah and her agency) asks Hannah, How far do you think we can get them to go up? Hannah responds, I know exactly how far they will go. Discuss Hannah's relationship with the Wettsteins as well as the homeowner.

Question 2

In states that follow ______, a third party can recover from a negligent accountant if there was an agreement between the third party and the accountant.
 A)the flexible rule
 B) the intended user rule
 C) the foreseeable user rule
 D) the contract rule


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gcook

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 24, 2018
Answer to Question 1

Without a dual agency listing, Hannah is either the agent/broker or a subagent of the listing broker. Her duty is to the seller, not the buyer. So, Hannah is free to disclose the 400,000 max. However, if the Wettsteins got Hannah to sign a dual agency agreement then Hannah would not be able to reveal information they disclosed to her to her seller clients.

Answer to Question 2

D


Bernana

  • Member
  • Posts: 530
Reply 2 on: Jun 24, 2018
Gracias!

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

This young boy with muscular dystrophy needs to receive tube feedings and home nursing care. He atte This young boy with muscular dystrophy needs to receive tube feedings and home nursing care. He atte
The fact that a mother works outside the home has no negative effect on the well-being of her child ... The fact that a mother works outside the home has no negative effect on the well-being of her child ...
A Listing of Repeat Units for 10 of the More Common Polymeric Materials A Listing of Repeat Units for 10 of the More Common Polymeric Materials
Reconstruction Drawing Of The Hypostyle Hall, Great Temple Of Amun At Karnak Reconstruction Drawing Of The Hypostyle Hall, Great Temple Of Amun At Karnak
Biology Forums Home Page (Feb. 2022) Biology Forums Home Page (Feb. 2022)
home work question home work question
Video: B cells and antibodies

For a complete list of videos, visit our video library