An Advantage of Using Online Realtor Services Is That

question 75

Multiple Choice

An advantage of using online realtor services is that

• A)you have easier access to qualified realtors.
• B)the commissions and fees are often less than those charged by traditional full-service realtors.
• C)your chances of selling a house are about 50% greater.
• D)you will get a higher price for houses sold or pay lower prices for houses bought.

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Definitions:

Bankruptcy Proceedings

The legal process through which individuals or businesses unable to pay their debts can seek relief from some or all of them under the jurisdiction of a bankruptcy court.

Twelve or More Creditors

A situation where an individual or entity owes debts to twelve or more separate creditors, often relevant in bankruptcy contexts.

Voluntary Petition

A legal document filed by an individual or business entity requesting to declare bankruptcy under their own will.

Financial Statements

Official records that outline the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.