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​Match the Type of Fraction to the Description and Example(s)provided

question 55

Multiple Choice

​Match the type of fraction to the description and example(s) provided.Note: Answers may be used more than once.
-​Like a decimal,indicates part of a whole number


Definitions:

Listing Agreement

A contract between a property owner and a real estate agent, authorizing the agent to act on the owner’s behalf in the sale of the property.

Privity of Contract

A principle in contract law stating that only parties involved in the contract have the right to sue to enforce their rights or claim damages.

Commission

A fee paid for services, typically a percentage of the transaction value, to an agent or salesperson for facilitating or completing a sale.

Agreement of Purchase and Sale

A legally binding contract between a buyer and seller detailing the terms and conditions of the sale of property.

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