The CAR Residential Listing Agreement has a listing period of six months starting on 1/1/15 and the
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The CAR Residential Listing Agreement has a listing period of six months starting on 1/1/15 and the seller agrees to pay the listing broker a 6% commission. The seller also authorizes the broker to split his commission 50/50 with a cooperating MLS broker. The sales price is $240,000.
a. What is the termination date of this listing agreement?
b. What is the dollar amount earned by the cooperating broker?
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