The primary purpose of a listing agreement is to:

A. give the broker permission to sell all the principal's properties
B. list all improvements and amenities of the property
C. serve as a contract of employment between the owner and the broker
D. serve as a guide for a sales contract

Answer: C. serve as a contract of employment between the owner and the broker

Business

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In a firm's "waterfall," who is paid after preferred shareholders?

a) common shareholders b) government c) creditors d) all the above

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The values, beliefs, and norms a group of people share are referred to as our:

a. morals. b. philosophy. c. culture. d. none of the above.

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