Terry Hires an Agent, Janet, to Sell a Piece of Property

question 369

Multiple Choice

Terry hires an agent, Janet, to sell a piece of property for no less than $50,000 with Janet to receive a 6% commission upon sale. Which of the following is Janet legally permitted to do without Terry's consent?

• A) Janet can sell the property to her brother for $50,000
• B) Janet discovers land values in the area are falling rapidly and, not having a chance to consult with Terry, sells the property for $45,000
• C) Janet discovers land values in the area are likely to jump up soon and so purchases the property for herself
• D) any of the other specific choices
• E) none of the other choices

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Definitions:

Compulsive Overeating

An eating disorder characterized by periods of uncontrollable, excessive eating beyond the point of feeling comfortably full.

Binge Eating

A pattern of disordered eating which consists of episodes of uncontrollably eating large quantities of food in a short period of time.

Substance Abuse

The excessive use of substances, including alcohol and drugs, leading to addiction and negative health effects.

Recreational Drugs

Substances taken for pleasure or leisure purposes, rather than for medical reasons, which can include alcohol, tobacco, and illegal drugs.