Under an exclusive authority to purchase agreement, the buyer becomes a principal.
Correct Answer:
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Q17: A licensed real estate salesperson can accept
Q18: A broker lists a property and gets
Q19: A broker has an exclusive right to
Q20: Broker Billy secured a written listing from
Q21: The broker/manager receives 45% of the commissions
Q23: A properly signed multiple listing agreement is
Q24: A licensed salesperson has an open listing
Q25: A written, exclusive right to sell listing
Q26: A real estate licensee draws $1,000 per
Q27: A real estate listing
A) is an employment
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