A seller lists his house for sale with a broker.The broker tells the seller that Florida law
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Question:
A seller lists his house for sale with a broker. The broker tells the seller that Florida law requires a 7% commission. Which of these is a CORRECT statement?
A The broker has done nothing wrong as most brokers charge 7%.
B The broker has correctly followed Florida law
C The broker has committed an illegal act, because the commissions are not established by law
D The broker has misrepresented the law, because Florida law states that the local Board of Realtors establishes commissions
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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