When a licensee offers to purchase a property a property as a condition to obtaining a listing to sell, the licensee must:
A. Make a disclosure in the sale contract that they are acting as a dual agent.
B. Enter into a written sales contract prior to or at the same time the seller signs the listing agreement.
C. Offer the "asking price" of the property being purchased.
D. Enter into a written sales contract after the listing contract has been signed.
Answer: B. Enter into a written sales contract prior to or at the same time the seller signs the listing agreement.
You might also like to view...
Larry, an employee of Ramsay's, Inc, has gross salary for March of $4,000
The entire amount is under the OASDI limit of $117,000 and thus subject to FICA. He is also subject to federal income tax at a rate of 18%. Larry has a deduction of $320 for health insurance and $80 for United Way. Which of the following is included in the entry to record the liability of payroll withholding deductions? A) debit to Salaries Payable B) credit to United Way Payable C) debit to FICA Taxes Payable D) debit to Cash
External failure costs are the costs incurred after the product is shipped or the service is delivered to the customer
Indicate whether the statement is true or false