A ninety percent learning curve is steeper than an eighty percent learning curve

Richards agreed to list his property for sale with Broker Jackson. In using a standard listing form, Richards completed Paragraph 10 with the following words: "Delete provisions in Paragraph 3c above which says, Agency is hereby authorized to accept on my behalf a deposit toward the purchase price in any amount." If Broker Jackson produced a buyer:

A: He cannot accept a deposit from the buyer; B: He must get oral permission from Richards before accepting a deposit; C: If he accepts a deposit, he holds it as agent of the buyer until the offer is accepted by the seller; D: If he accepts a deposit from the buyer and the buyer rescinds the offer prior to acceptance by the seller, he is entitled to one-half of the deposit.

Rewards given as part of a trade contest is also known as spiff money

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