If You Are Selling Your House by Owner, You Should

question 88

Multiple Choice

If you are selling your house by owner, you should still enlist the assistance of

• A) A real estate agent to help with the closing.
• B) A lawyer or title company to assist with the contract, closing, and other legal matters.
• C) Your brother-in-law to aid with legal issues of the sale.
• D) A real estate agent to help with marketing efforts.
• E) All of these are correct.

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Definitions:

Bananas

Edible fruits produced by various kinds of large herbaceous flowering plants in the genus Musa.

Utility Function

A mathematical representation showing how different combinations of goods or services create levels of happiness or satisfaction for a consumer.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, meaning they have no preference for one combination over another, all else being equal.

Apples

While commonly known as a fruit, in economics, "apples" could metaphorically refer to any basic commodity used in comparative analysis.