Choose the One Most Appropriate Answer for Each

question 71

Multiple Choice

Choose the one most appropriate answer for each.
-a buyer who is ready to buy at the seller's price and terms and who has the financial capability to do so

• 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:

Income Inequality

The unequal distribution of income within a population, leading to disparities in wealth and living standards among different socioeconomic groups.

Labor Movement

A collective organization of working people that seeks to improve wages, working conditions, and workers' rights through various forms of protest and negotiation.

Nonunion Environments

Workplaces where no labor unions represent the workers, often characterized by more direct employer-to-employee relations.

Management

The process of dealing with or controlling things or people, which includes planning, organizing, leading, and controlling an organization’s resources to achieve specific goals.