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Rachel Decides to Sell Her Home, So She Meets with Several

Question 26

Multiple Choice

Rachel decides to sell her home, so she meets with several real estate agents. One agent offers 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 if she chooses to use 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 the no-fault cancellation of the contract
D) to allow Rachel to exercise her right to sue if the agent fails to perform as promised

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