Question: Webb Owens signed a listing agreement with Tom - Tom Realty to sell his 7 , 2 0 0 - acre ranch. Ralph Watkins, the

Webb Owens signed a listing agreement with Tom-Tom Realty to sell his 7,200-acre ranch. Ralph Watkins, the listing agent from Tom-Tom, assures Webb that if Webb finds a buyer there is no commission due and owing. However, the title at the top of the signed listing agreement is "Exclusive Right to Sell." Webb does indeed find a buyer for the ranch, the sale goes through, and both Ralph and Tom-Tom demand their commissions. Must Owens pay the commission?
Yes, because the parol evidence rule requires the enforcement of the written agreement
No, Owens had an open listing
No, because Owens was the procuring cause of the sale
No, because Watkins engaged in misrepresentation
 Webb Owens signed a listing agreement with Tom-Tom Realty to sell

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!