97. Question By taking a net listing, the agent a) is guaranteed a fixed commission. O b) need not present offers less than the list price. O c) must disclose the commission when the principal commits to the sale. O d) has violated the real estate law.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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97. Question
By taking a net listing, the agent
O a) is guaranteed a fixed commission.
O b) need not present offers less than the list price.
O c) must disclose the commission when the principal commits to the sale.
O d) has violated the real estate law.
98. Question
A recorded abstract of judgment has priority over a homestead declaration when
O a) it was recorded prior to the homestead.
O b) the owner has rented the property to another.
O c) Both A and B.
O d) Neither A nor B.
Transcribed Image Text:97. Question By taking a net listing, the agent O a) is guaranteed a fixed commission. O b) need not present offers less than the list price. O c) must disclose the commission when the principal commits to the sale. O d) has violated the real estate law. 98. Question A recorded abstract of judgment has priority over a homestead declaration when O a) it was recorded prior to the homestead. O b) the owner has rented the property to another. O c) Both A and B. O d) Neither A nor B.
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