Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A licensed affiliate broker requires a listing for his firms but decides to switch firms before the listing contract expires. Which of the following is

A licensed affiliate broker requires a listing for his firms but decides to switch firms before the listing contract expires. Which of the following is true?

A - The affiliate broker can take the listing with him to his new farm, but the new farm a split any commission with the former firm.

B - The affiliate broker can take the listing with him and it becomes the property of his new firm.

C - The listing remains the property of the original firm.

D - The listing is automatically canceled.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions