With respect to 37 above, what if the agreement between Ms. ...

[vicky]

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

[cadimas]

Answer to Question 1

A

Answer to Question 2

FALSE

[vicky]

Thank you

[cadimas]

Happy to help you