Broker L listed a home that sold for the full price of $325,000. The contract called for a 6.5% commission. How much did Broker L make?

(a) $20,250
(b) $23,500
(c) $21,125
(d) $18,500

Answer: (c) $21,125

Business

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Companies sometimes establish retail outlets as a means of obtaining marketing intelligence rather than as a distribution strategy

Indicate whether the statement is true or false

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