Choose the One Most Appropriate Answer for Each

question 18

Multiple Choice

Choose the one most appropriate answer for each.
-a real estate listing between a property owner and a real estate broker

• A)abandonment
• B)advance fee listing
• C)advanced cost listing
• D)agent
• E)bargain broker
• F)broker
• G)buyer's broker
• H)discount broker
• I)employment contract
• J)exclusive agency listing
• K)exclusive authority to purchase
• L)exclusive right to sell
• M)flat-fee broker
• N)Multiple listing service (MLS)
• O)net listing
• P)open listing
• Q)procuring cause
• R)ready willing and able buyer
• S)real estate listing
• T)REBAC

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Definitions:

Degree Of Freedom

The number of independent pieces of information available to estimate another piece of information, often in statistical analysis.

Chi-Square Test

A statistical test used to determine if there is a significant association between two categorical variables.

Expected Cell Counts

Predicted frequencies in cells of a contingency table in statistics, assuming that the null hypothesis is true.

Observed Cell Counts

The actual frequencies or numbers of observations recorded or categorized in each cell of a contingency table in statistical analysis.