Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Seller Wanda told her broker Chad that she wants to clear $75,000.00 when she sells her home. Chad took the listing and sold the home

Seller Wanda told her broker Chad that she wants to clear $75,000.00 when she sells her home. Chad took the listing and sold the home for $150,000. He gave Wanda her $75,000.00 and he kept the other $75,000.00 Which of the following is a true statement? A) Chad should have advised Wanda that she could clear more on the sale of her home. B) Chads commission is more than the State Realtors Board allows on one sale. C)Chad took an illegal listing. D) Chad had a duty to Wanda to market and sell her home for the highest price?

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

Energy Finance And Economics Analysis And Valuation Risk Management And The Future Of Energy

Authors: Betty Simkins, Russell Simkins

1st Edition

1118017129, 978-1118017128

More Books

Students also viewed these Finance questions