Multiple Choice
Rob and Kim entered into an oral agreement whereby Rob promises to pay Kim a commission if Kim produces a ready, willing, and able purchaser of Rob's property.Before any performance by Kim, the agreement is:
A) an enforceable contract.
B) an illegal contract.
C) not an enforceable contract.
D) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Only licensed real estate brokers can advertise
Q7: A seller of real estate may cancel
Q8: Competing brokers A and B meet for
Q9: Under a buyer-broker arrangement, a buyer may
Q10: The Civil Rights Act of 1866 is
Q12: The Federal Trade Commission has ruled that
Q13: Which of the following agents can be
Q14: Under the U.S Supreme Court's ruling in
Q15: In most cases, an unlicensed real estate
Q16: Language such as "a commission is to