Which of these statements is true?
A. Once a listing agreement is signed by all parties, it cannot be changed.
B. The seller can change the listing agreement whenever he or she wants.
C. A listing agreement can be modified, but only if all parties agree in writing.
D. A listing agreement can change by the mutual verbal agreement of all parties.
A listing agreement can be modified, but only if all parties agree in writing.
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When may a real estate broker, serving as agent of the seller, refuse to transmit an offer to the principal?
A. When the owner has already accepted a "back up" offer B. When the broker is acting as a gratuitous agent C. Never D. When the broker is acting on the express instructions of the principal in his refusal
All of the following accounts are part of cash management EXCEPT
A) cash on hand. B) cash in a checking account. C) cash in a savings account. D) cash invested in a stock mutual fund. E) petty cash.