The listing agreement compensates the firmand agent that bring the property to marketas well as the firm and agent that brings thebuyer. How does the choice to decline abuyers agent effect the cost to the seller?Explain how a seller-sub agent bringing abuyer differs for the buyer from choosing abuyers agent to represent you as a buyer. Thesellers sub-agent has a fiduciary responsibilityto what party? Why is the idea "I don't want topay an agent to work in my interest as thebuyer" is flawed in it's logic andunderstanding of the structure of the listingagreement.

About Firm -A relevant kind of organization or corporate-level entity created by one or more people…

Answered: The listing agreement compensates the…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Iqbal and Syafidie have been friends since they studied in UniMAP together. Nowthey are in the business of providing IT services to their clients. Syafidie tried to secure an ITtender from Penang Port Sdn Bhd worth RM300,000 and seek Iqbal assistance. Iqbal thenprovided consultancy work to Syafidie in his business. When Syafidie asked Iqbal if he owedIqbal anything for his services, Iqbal said: “My fee is RM20,000 but until you get that bigcontract, I know you cannot afford that. Perhaps we should just wait and see what happens?”Syafidie wanted to give Iqbal something now. Iqbal thought about it and said that if Syafidiepaid university fees of RM9,000 for his nephew, Aslam, he would not look for any morefrom him as regards the balance. Syafidie agreed that he would pay Aslam’s fees. The nextday Syafidie contacted Aslam explaining what had been agreed. Aslam was delighted andgave him all the relevant details about his account. One week later, Iqbal phoned Syafidieasking if he had paid…
Why is past consideration no consideration at all? The adequacy of past consideration is difficult to determine. Past consideration is considered to be illusory. Past consideration may involve parties who are not involved in the current contract. Past consideration was provided before the current contract was made, and the current contract requires a benefit that has not yet been conferred.
A fitness club gives clients free month after they have paid for eleven months. Approximately half of their clients remain with the club long enough to take advantage of this offer? Required: a. Define the term “liability.” Then explain whether the free month offer results in a liability for the fitness club. b. Explain what makes a liability “current.” Then explain whether the free month results in a current liability for the fitness club. c. Define the term “contingent liability.” Then explain whether the free month results in a contingent liability for the fitness club.
1.An entity shall offset an asset relating to one plan against a liability relating to another plan when, and only when, the entity: has a legally enforceable right to use a surplus in one plan to settle obligations under the other plan intends either to settle the obligations on a net basis, or to realize the surplus in one plan and settle its obligation under the other plan simultaneously Neither. Both 1 and 2. 1 only. 2 only.
In the JBCC (PBA) the principal agent is allocated full authority and obligation to act in terms of the agreementwhilst other agents are appointed to deal with specific aspects of the works. How is it dealt with in the contractdocuments, what are the implications thereof, and what contractual rights do the employer surrender?
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23 - Which of the following is the process of converting a company from one legal form to another, that is, as a trading company of another type that will maintain its legal and economic identity and continuity, with a different status and title suitable for the company type?A) Liquidation in CompaniesB) Company mergerC) Division in CompaniesD) Re-establishing a CompanyE) Type change
The Jones company lists raw land for lease with broker Mary. After extensive advertising Mary Presents two offers to the Jones Company. One offer is from an oil company who wishes to extract oil below the land surface and the second is from a farmer who wishes to graze cattle. Both are without contingencies. The most profitable recommendation that broker Mary can make to the Jones Company is that they: A. accept both offers, since separate entities can enter into separate leases. B. accept neither offer and continue to market the property for a better user. C. accept the farmers lease offer since the oil company will be disruptive to the land. D. accept the oil company mineral rights lease offer since they are very financially stable.
explain who might breach a contract because of malpractice 2.Give an example of a bailment where the bailee is not expected to return the bailed property in its original condition. 3.what is the differen.ce between a private carrier and a common carrier
Explain Subcontracting?
Benigno Buyer writes Francene Farmer a letter that states he is willing to purchase 1,000 pounds of apples at a price of $.50 per pound. A. How can Francene accept this contract? B. If Francene writes back stating, “Your terms are agreeable, provided you purchase a minimum of 1,200 pounds of apples.” What is the effect of Francene’s statement? Will it matter whether or not Benigno is also a merchant? C. Assume that the wholesale price of apples is $1 per pound at the time that the offer is made. If Francene accepts it, will she be likely to successfully assert a defense of unconscionably if she later refuses to honor the contract’s terms?
A mortgage is transfer of an interest in specific immoveable property for the purpose ofsecuring payment of some amount of money. Elaborate in what different ways amortgage is created by highlighting their characteristics and mutual rights and liabilitiesof the parties in a precise manner?

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