Answer_Key_ch_16

Answer_Key_ch_16 - Answer Key 1. 2. 3. 4. 5. 6. 7. 8. 9....

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Answer Key 1. D 2. D 3. B 4. A 5. D 6. D 7. B 8. B 9. B 10. D 11. A 12. C 13. A 14. C 15. A © 2004 Rockwell Publishing Company 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Answer Key with Explanations Question #1 Answer: D Explanation: These acts are required if a broker decides to exercise a listing agreement's option to purchase. Question #2 Answer: D Explanation: If the buyer fails to give notice properly, he may become liable to the seller's creditors. Question #3 Answer: B Explanation: Without a Certificate of Clearance (also called a clearance receipt), the buyer will be liable for any unpaid seller's sales tax. Question #4 Answer: A Explanation: Each county's District Attorney is responsible for prosecuting violations of the license law. Question #5 Answer: D Explanation: All three of these actions may be appropriate where an agent has committed misrepresentation. Question #6
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

Answer_Key_ch_16 - Answer Key 1. 2. 3. 4. 5. 6. 7. 8. 9....

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online