Which of the following is false?
A) Some economists believe that in areas where realtors are not allowed to negotiate commissions it is because of the rent seeking activities of the real estate brokers.
B) According to the text, the real estate commission rate is higher in the United States than it is in the United Kingdom.
C) Real estate brokers are paid commissions for helping clients attend to the details involved with selling homes.
D) It is currently illegal (in all 50 states) for realtors to negotiate commissions with home buyers and sellers.
Correct Answer:
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