Litton signed a listing contract with Monroe, a real estate broker, allowing Monroe to sell his (Litton's) house for $60,000 . Monroe found a buyer who was willing to pay $65,000 . May Monroe keep the extra $5,000?
No. The purchase price belongs to the seller. Monroe is entitled to a percentage of the final purchase price, in this case a percentage of the $65,000.
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When ending a message using the indirect format, what should be emphasized to the reader?
A) They should contact you if they have questions B) The decision can be reversed and is open to discussion C) Respect for the reader regardless of the decision D) Suggestions on how to improve the readers success in future endeavors E) The bad news c
The availability of a BATNA offers a negotiator significant power because they have the choice to walk away from the current deal or to use the BATNA as leverage to strike a better agreement in the current conversation. This exemplifies which source of power?
A. informational B. structural C. personality and individual differences D. contextual
A creditor who has the only secured interest in the debtor's collateral has priority over unsecured interests
Indicate whether the statement is true or false
Quitting cigarette smoking and, thus, eliminating the cause of a loss is an example of
A) risk avoidance. B) risk reduction. C) risk retention. D) risk transfer.