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Under an Open Listing Contract

Question 36

Multiple Choice

Under an open listing contract:


A) the broker receives a nonexclusive right to sell the property.
B) the broker receives a commission even if a third party finds a buyer.
C) the broker has the exclusive right to sell the property for a specified period of time,but is not entitled to a commission.
D) the broker has exclusive right to sell the property and is entitled to a commission.

Correct Answer:

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