The exclusive listing that broker Jones had on the Adams farm expired at noon on December 15. At 1 pm on December 15, Adams gave broker Riley an exclusive listing on the farm. At 2:30 pm on December 15, broker Jones procured a buyer at the price and terms of the listing. Who is legally entitled to the commission?
A. Broker Jones, because a buyer was procured within a reasonable period of time of the listing
B. Broker Riley
C. Brokers Riley and Jones, who must split the commission equally
D. Neither broker is legally entitled to the commission
Ans: B. Broker Riley
Business
You might also like to view...
From a consumer's perspective, a strong corporate image generates which element when customers purchase goods or services with which they have little experience?
A) memorable reference B) positive assurance C) immediate feedback D) increased purchasing options
Business
The ORDER BY clause sorts the final results rows in ascending or descending order
Indicate whether the statement is true or false
Business