Rachel decides to sell her home,so she meets with several real estate agents.She has decided to select the agent who offered a reduced commission rate and a guarantee that her home will sell within three months without a price reduction.How will Rachel's rights be impacted if she fails to enter into a formal contract with the agent?
A) As long as the agent's promise is witnessed,it will be enforceable.
B) Unless the agent's promise is formalized in a contract,it will not be enforceable.
C) Rachel will be in an ideal situation because then she cannot be forced to fulfill her own promises to the agent.
D) Rachel will not be impacted negatively because real estate agents can be sued for breaching the code of conduct that applies to real estate agents.
Correct Answer:
Verified
Q4: What sequence of procedures will a court
Q19: The purchase of stationery supplies from a
Q24: Individuals who negotiate a contract on behalf
Q25: Which of the following would most likely
Q26: Traditionally,contract law focuses its attention on the
Q27: A large greenhouse grower that wants to
Q30: In most instances,the rules governing contractual disputes
Q30: What is the most important factor for
Q33: Which of the following statements is true
Q36: How should a manufacturer try to salvage
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents