Which of the Following Indicates the Greatest Progress Toward Completion

question 13

Multiple Choice

Which of the following indicates the greatest progress toward completion of a sale?

• A) buyer advised broker that buyer would sign acceptance of seller's counter offer
• B) broker notified buyer of seller's signed acceptance of buyer's offer
• C) seller informed broker that seller would accept the lower price offered by buyer
• D) broker advises principal that broker has a signed offer to buy per the listing terms

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Definitions:

Three-For-One Split

A stock split in which each shareholder receives three new shares for each share they currently own.

Stock Price

The stock price is the cost of a single share of a company's stock, reflecting the market's value and investors' perceptions of the company's future prospects.

Shares Outstanding

Shares outstanding refer to the total number of shares of a company’s stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares owned by the company’s officers and insiders.

Expectations Theory

A hypothesis in finance that the long-term interest rates reflect expected future short-term rates, adjusting for risk premium.