Question: 8 5 . A broker has a listing contract for the sale of a client's house. The broker receives an offer from a buyer at
A broker has a listing contract for the sale of a client's house. The broker receives an offer from a buyer at the asking price. The offer was contingent upon acceptance by the seller within hours. If the broker fails to report the offer to the seller, and the offer expires, the broker is guilty of A absolutely nothing. B failing to exercise adequate supervision of his salespeople. C conduct which demonstrates incompetency. D a conflict of interest.
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