Chuck hires Danielle, a real estate broker, to act as his agent to sell his land for $150,000. Oil is discovered beneath the land, causing its market value to increase considerably. The agency agreement is likely
A) continued with a proportionate increase in Danielle's sales commission.
B) continued until Danielle tells prospective buyers of the discovery.
C) terminated by act of the parties.
D) terminated by operation of law.
Correct Answer:
Verified
Q58: Based on Esteban's conduct, Floyd reasonably believes
Q59: Clark hires Dion to act as his
Q62: Orin hires Pat, a real estate broker,
Q63: Reliable Insurance Company employs Stuart as an
Q64: Vida is a purchasing agent for Wholesome
Q65: Beth, acting within the scope of her
Q66: Bayou Development Corporation hires Coastal Brokerage Associates
Q67: Garry drives a truck as an employee
Q70: Private Security Service employs Olsen as an
Q71: Becca is a purchasing agent for Cable
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