Ask Question
BusinessBusiness
20 November, 21:39

A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker produced a buyer who offered a full price 100% cash offer. Would the broker be due a commission?

+3
Answers (1)
  1. 20 November, 22:17
    0
    The correct answer is - No,

    Explanation:

    The correct answer is - No,

    The answer is no because the broker brings a buyer who is ready to give 1005 cash offer which is against the legal agreement defined by the owner. owner state that he is only taking a 25% cash offer.

    Therefore the owner wouldn't consider the broker and didn't due broker commission.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker produced a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Suppose that the following group of values has been entered into the TVM solver of a graphing calculator: N-300, 1%-87, PV-11 5000, PMT - - 941.56172, FV 0, P/Y 12, C/Y 12, PMT END.
Answers (1)
Salud Company reports the following information. Use the indirect method to prepare only the operating activities section of its statement of cash flows for the year ended December 31, 2017.
Answers (1)
If consumer incomes rise, what happens to demand?
Answers (1)
Jonathan made his career planning timeline in 2009. In what year should Jonathan's timeline start? A. 2010 B. 2009 C. 2012 D. 2011 2b2t
Answers (1)
A company is considering implementing one of two quality control plans for monitoring the weights of automobile batteries that it manufactures.
Answers (1)
New Questions in Business
Why do people keep money in transaction accounts?
Answers (1)
Advanced Printing Systems is a firm in a monopolistically competitive market. If its marginal cost is $18 per unit in the short run, if it is maximizing profits, and if it is selling at the equilibrium quantity, what is its marginal revenue?
Answers (1)
Consider a simple economy that produces two goods: pens and oranges. The following table shows the prices and quantities of the goods over a three-year period.
Answers (1)
Which of these would be a result of inflation? A business reports a loss for a tax year. A CEO pays less in taxes than five years ago. A company scales back production. A company increases production as a result of growing demand.
Answers (1)
Which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a parochial school d. a baseball team
Answers (1)
Home » Business » A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker produced a buyer who offered a full price 100% cash offer. Would the broker be due a commission?
Sign Up Forgot Password?