A commission is usually earned by the listing broker when:
A. The transaction closes and the deed is recorded.
B. Any offer to purchase signed by the buyer and presented to the seller.
C. An offer, meeting the listing terms, is signed by a ready, willing and able buyer.
D. The seller signs an Exclusive Listing Agreement.
Answer: C. An offer, meeting the listing terms, is signed by a ready, willing and able buyer.
Business
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Evan works at Burger King. His job is highly specialized and there is a specific procedure for each task that he must perform. Burger King is an example of a(n):
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