In a listing agreement the broker receives as commission all excess monies above the minimum sales price agreed on by the broker and seller. This would be considered:

A. An open listing.
B. An exclusive right to sell listing.
C. A net listing.
D. An implied listing.

Answer: C. A net listing.

Business

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Which of the following is not true about a hydraulic elevator system?

a. the car is mounted on a giant piston b. counterweights help the elevator move up and down c. oil pumped into a cylinder raises the elevator d. it can only be used in a building of six stories or less

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Robin is looking for sales reps to sell her line of clothing. In searching for a sales rep, Robin will most likely look for someone:

A. Who sells distinctly different product lines B. Who does not sell in her targeted territories C. Who is already selling in her industry D. Who is selling many product lines E. Who is not yet established in the industry

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