A listing broker presents an offer from a customer that meets every term asked for in the listing agreement. The seller decides not to sell. Which of the following statements is most likely true?The broker could collect a commissionThe broker could sue for specific performanceThe buyer could sue for specific performanceThe seller will not have to pay a commission

Answer : 3) is correct answer. The buyer could sue for specific performance.

Answered: A listing broker presents an offer from…

A listing broker presents an offer from a customer that meets every term asked for in the listing agreement. The seller decides not to sell. Which of the following statements is most likely true?

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Question

A listing broker presents an offer from a customer that meets every term asked for in the listing agreement. The seller decides not to sell. Which of the following statements is most likely true?
1. The broker could collect a commission
2. The broker could sue for specific performance
3. The buyer could sue for specific performance
4. The seller will not have to pay a commission

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