In the absence of other provisions, the sales commission is legally earned at the time the...
In the absence of other provisions, the sales commission is legally earned at the time the
Question 13 options:
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Homework Answers
Option 2 is true
The commission is earned only when the contract is finalized.
Presentation of buyer does not guarantee that the deal will go through and hence the commission cannot be earned. Similary offer being tendered is not guarantee that the deal will go through. Moreover the broker need not wait till closing for commission to be earned.
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