An offer contains a statement that: "the agent, for procuring this offer, will be paid by the vendor on the date fixed for completion of this sale, a commission of 6% of an amount equal to the above-mentioned sale price." This places the vendor in a materially better position than an offer which contains a statement that: "the agent, for procuring this offer, will be paid by the vendor on completion of this sale, a commission of 6% of the sale price."

Question

Quizplus · Accepted Answer

Both statements essentially convey the same outcome: the agent will be paid a 6% commission on the sale price upon completion of the sale, not altering the vendor's position materially between the two.

An Offer Contains a Statement That: "The Agent, for Procuring