In the context of the relationship between the listing broker and the seller, the broker is a(n):
a. agent of the seller.
b. dual agent.
c. employer of the seller.
d. subagent of the seller.
Answer: a. agent of the seller.
You might also like to view...
A marketing firm launched a major advertising campaign to position their brand as superior to its competitors. After the campaign had run for six months, the marketing team wanted to use marketing research to determine if they had achieved their objective. Which of the functions of marketing research is carried out by the firm?
a. Development of marketing actions b. Identification of market problems c. Refinement of marketing actions d. Identification of market-driven opportunities e. Evaluation of marketing actions
Palo Alto Enterprises has $300,000 in cash. They wish to invest the money in Treasury bills at 8% and use the returns to pay dividends to shareholders after a year. Alternatively they can pay a dividend and allow shareholders to make the investment
In perfect capital markets, which option will shareholders prefer? A) immediate cash dividend B) dividend after one year C) prefer half from each source D) indifferent between options