Choose the One Most Appropriate Answer for Each

question 21

Multiple Choice

Choose the one most appropriate answer for each.
-if a broker acts counter to the principal's best financial interests, the employment is terminated and no commission is paid

• 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:

Proactive Interference

The tendency of previously learned material to hinder subsequent learning.

Memory Construction

The process through which the brain encodes, stores, and retrieves information, influenced by perception, imagination, and other cognitive processes.

Sensory Memory

The briefest span of memory, capable of holding sensations of sensory data after the initial stimuli are no longer present.

Repression

A defense mechanism where unpleasant thoughts, memories, or desires are pushed out of the conscious mind into the unconscious.