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Other Fields Homework Help Business Topic started by: tnvalerio on Jan 28, 2018



Title: Phyllis was the listing agent on Lou's home. Phyllis was able to find a young couple to buy Lou's ...
Post by: tnvalerio on Jan 28, 2018
Phyllis was the listing agent on Lou's home. Phyllis was able to find a young couple to buy Lou's home for his asking price. Just before the closing on the home, Lou changed his mind and refused to sell the property. The young couple had a loan and their down payment was already on deposit with the escrow company. Which of the following is correct regarding Phyllis's commission?
 A) Lou does not owe the commission to Phyllis
 B) Lou owes only one-half of the commission
 C) The down payment will be used to cover the commission
 D) Lou owes the commission to Phyllis


Title: Phyllis was the listing agent on Lou's home. Phyllis was able to find a young couple to buy Lou's ...
Post by: aaaime on Jan 28, 2018
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