Wella is a salesperson working for Broker Vincent. Wella sells a $150,000 home listed with another brokerage. The listing commission is 6.5 percent of the selling price. Of this amount, 5 percent is payable to the referral network that referred the buyer, 35 percent goes to the listing broker, and 60 percent belongs to the cooperating broker. Broker Vincent and Wella agreed that she would receive 55 percent of any commission that she generated for their office. For this transaction, she is entitled to receive

A) $2,632.50
B) $3,217.50
C) $3,412.50
D) $5,850.00

Answer: B) $3,217.50

Business

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Mental impalpability refers to the fact that intangibles cannot be searched or inspected before they are purchased

Indicate whether the statement is true or false

Business

You notice in your company people are habitual in their behavior. They appear to be narrow minded, and there is little innovation in their ideas. What are you most likely experiencing?

A) Experiencing the outcomes of empowerment B) Experiencing the outcomes of delegation C) Experiencing attributes that emerge in both managers and employees during times of change and uncertainty D) Experiencing uncommon behavior for changing times

Business