Choose the One Most Appropriate Answer for Each

question 80

Multiple Choice

Choose the one most appropriate answer for each.
-a full-service broker who charges less than the prevailing commission rates in his community

• 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:

Socrates

An ancient Greek philosopher known for his contributions to ethics and epistemology, and for employing a method of inquiry and discussion based on asking and answering questions to stimulate critical thinking.

Personal Gain

The benefit or advantage to an individual, usually in a selfish or unethical context.

Institutional Time

The duration or scheduling specific to the proceedings, routines, or operations of an institution.

Ethical Problem

A situation or issue that presents a moral dilemma, often requiring a choice between options that are judged to be ethically right or wrong.