A listing broker refuses to split a commission with a cooperating broker after agree- ing orally to do so. To collect, the cooperating broker would likely

A. notify the real estate commissioner.
B. file a complaint with the state labor commissioner.
C. start legal action against the other broker.
D. do nothing, because an oral agreement cannot be enforced.

Answer: C. start legal action against the other broker.

Business

You might also like to view...

As a communication student looking to maximize your career earnings, you would choose journalism over public relations, as salaries in the journalism field are considerably higher

Indicate whether the statement is true or false

Business

A(n) ________ is an indication, either verbal or nonverbal, that the prospect is preparing to make a buying decision

Fill in the blanks with correct word

Business