Which of the Following Statements Is True of an Exclusive

question 20

Multiple Choice

Which of the following statements is true of an exclusive agency listing?

• A) The broker has the exclusive right to sell the property for a specified period of time.
• B) The broker operating under this listing is entitled to a commission only if he or she was the first to find an able buyer.
• C) The seller has the right to sell the property himself or herself without being obligated to pay the broker a commission.
• D) The seller must pay the broker his or her commission irrespective of who found the buyer.

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Definitions:

Depression

A mental health disorder characterized by persistent feelings of sadness, loss of interest in activities, and can significantly impair daily functioning.

Mesolimbic Dopamine Pathway

A key pathway in the brain associated with the reward system, playing significant roles in motivation, pleasure, and reinforcement.

Abused Drugs

Substances whose use is deemed harmful or subject to legal restrictions, often leading to addiction and negative health consequences.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing and sending out information.