Which of the Following Statements Is (Are) TRUE of Selling

question 1

Multiple Choice

Which of the following statements is (are) TRUE of selling agents in residential real estate transactions?

• A) Because agents are paid on commission, there is no principal-agent problem.
• B) Agents have an incentive to sell quickly, without waiting for slightly higher offers.
• C) If an agent sells an owner's home for an additional $20,000, the agent stands to gain more than the owner.
• D) Owners know more than agents about the state of the real estate market and the value of comparable homes.

---

Definitions:

Newborns

Infants in their first few weeks of life, typically considered to be from birth to one month of age.

Sperm Cells

Male reproductive cells designed to fertilize female eggs, characterized by their motility and role in transferring genetic information to the next generation.

Egg Cells

The female reproductive cells or ova, which when fertilized by sperm, lead to the development of an embryo.

Genes

DNA segments that serve as the key functional units in hereditary transmission, determining aspects of an individual's physical and possibly behavioral traits.