An oral listing agreement:

a. provides no legal protecting for obtaining a commission
b. would enable the broker to file a lawsuit for a commission
c. provides the same right and protections as a written listing agreement
d. offers some protection and right to sue

Answer: a. provides no legal protecting for obtaining a commission

Business

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The difference between the amount of money that a customer is willing to pay for a resource, product, or service and the cost of the activities involved in producing that resource, product or service is called the

A. cost measure B. value distinction C. differentiation factor D. margin E. bottom line

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Which of the following types of evidence is illustrated by using information from a source that is considered to be credible?

A) Numerical data B) Fact C) Personal experience D) Example E) Anecdotal

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