A buyer made an offer on a property but refused to give a $500 deposit to the broker, as specified in the listing. He agreed to give the broker $500 as deposit as soon as the seller accepted the offer. Which of the following should be written in the form:
A: Buyer agrees to deposit $500 upon acceptance by the buyer;
B: Broker to collect $500 from buyer on seller's acceptance;
C: Buyer agrees to deposit $500 cash with the broker immediately upon seller's acceptance;
D: This offer would be void since there was no consideration for the contract.
Answer: C: Buyer agrees to deposit $500 cash with the broker immediately upon seller's acceptance;
You might also like to view...
Within the context of preparing formal reports and proposals, the term limitations
A) sets the boundaries of your research, that is, what you will and will not investigate. B) presents excuses for inadequate research or a poorly written report. C) specifies the risks, rewards, costs, and benefits of a specific course of action. D) refers to factors beyond your control that affect the quality of the report. E) specifies what will happen if the solution is not accepted. c
What steps can an employee take to address the problem of sexual harassment in the workplace?
What will be an ideal response?