Multiple Choice
Rachel has been laid off from her job and will be unable to meet all of her financial obligations if a new job does not materialize in six months.She canvassed the possibility of selling her home with several agents.One agent offered a reduced commission rate and a guarantee her home will sell within three months without a price reduction.Why should Rachel secure a formal contract based on her negotiations with this agent?
A) to ensure the arrangement meets the agent's needs and protects the agent's interests.
B) to ensure the agent is motivated to avoid damaging his business reputation
C) to obtain favourable terms that provide for no-fault cancellation of the contract
D) to allow Rachel to exercise her right to sue if the agent fails to perform as promised
Correct Answer:

Verified
Correct Answer:
Verified
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