Ask Question
BusinessBusiness
31 March, 04:22

Licensee jake found a buyer for seller norm's house within three days of taking the listing. seller norm has now refused to sell. how does this impact licensee jake's compensation?

+2
Answers (1)
  1. 31 March, 05:42
    0
    The compensation of Licensee Jake would depend upon their agreement. If they have agreed that the work of Jake would be up to the finding of buyer only, then he should be compensated by Norm with the agreed amount even if he refuses to sell the house. But if the agreement is that Jake would receive compensation if the house will be sold, he cannot compel norm to give him compensation.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Licensee jake found a buyer for seller norm's house within three days of taking the listing. seller norm has now refused to sell. how does ...” 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
Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Round earning per share to 2 decimal places, e. g. $2.66 and all other answers to 1 decimal place. 17.5%.
Answers (1)
Does dollar tree employees get a discount
Answers (1)
Production efficiency: a. reduces the use of individual machines and hinders quality control at all stages of the manufacturing process. b. is the use of technology to produce large quantities of a standardized output. c.
Answers (1)
DJ and Gwen paid $3,200 in qualifying expenses for their son, Nikko, who is a freshman attending the University of Colorado. DJ and Gwen have AGI of $170,000 and file a joint return.
Answers (1)
Calculating Present Values. Suppose you are still committed to owning a $150,000 Ferrari (see Question 9). If you believe your mutual fund can achieve a 10.
Answers (1)
New Questions in Business
The manager of a national retailing outlet recently hired an economist to estimate the firm's production function.
Answers (1)
There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry.
Answers (1)
Three members of the DiCarlo family, Vinny, Maria, and Franki, are choosing the entree for a large family reunion. Their options are: spaghetti, ravioli, lasagne, and pizza.
Answers (1)
How much of gordon's social security is taxable? a. $0 b. $16,000 c. $13,600 d. $6,646?
Answers (1)
Buffalo Corporation purchased warehouse shelving for $96,000, terms 1/10, n/30. At the purchase date, Buffalo intended to take the discount. Therefore, it made no entry until it paid for the acquisition. The entry was:
Answers (1)
Home » Business » Licensee jake found a buyer for seller norm's house within three days of taking the listing. seller norm has now refused to sell. how does this impact licensee jake's compensation?
Sign Up Forgot Password?