Critical to Any Listing Contract Is the Question of When

question 17

Multiple Choice

Critical to any listing contract is the question of when the broker becomes entitled to a commission. Traditionally, the broker is still entitled to a commission in all of the following scenarios EXCEPT:

• A) If the seller refuses to sell upon being presented with an offer meeting the original terms and conditions
• B) If the seller cannot deliver the property for any reason due to his or her fault.
• C) If both the buyer and seller sign a contract but then agree to cancel it.
• D) If a contract is contingent upon the buyer obtaining financing and the buyer is unable to do so.

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Definitions:

Field Notes

Written records made by researchers or practitioners during or after their observation of a specific phenomenon or social setting.

Online Ethnography

The study of cultures and communities through their online interactions and presence, adopting ethnographic methods for the digital environment.

Hypermedia Ethnography

A research method that combines ethnographic study with the use of hypermedia tools (e.g., audio, video, and web links) for data collection and analysis.

Ethnographic Record

A detailed collection of observations, notes, interviews, and artifacts gathered by researchers studying cultures and communities.