Under an Open Listing Contract, the Broker _____

question 32

Multiple Choice

Under an open listing contract, the broker _____.

• A) receives a nonexclusive right to sell the property
• B) receives a commission even if a third party finds a buyer
• C) has the exclusive right to sell the property for a specified period of time, but is not entitled to a commission
• D) has exclusive rights to sell the property and is entitled to a commission

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Definitions:

Zygote

The initial cell formed when a sperm cell fertilizes an egg cell, representing the earliest stage of embryonic development.

Prenatal Development

The process of growth and development within the womb from conception to birth.

Germinal

Pertaining to the initial two-week phase of prenatal development following conception.

Prenatal Development

The process of growth and development within the womb from conception to birth, encompassing various stages of embryonic and fetal development.