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LUCKY_DIMON [66]
3 years ago
15

Licensee jake found a buyer for seller norm's house within three days of taking the listing. seller norm has now refused to sell

. how does this impact licensee jake's compensation?
Business
1 answer:
iragen [17]3 years ago
3 0
The compensation of Licensee Jake would depend upon their agreement. If they have agreed that the work of Jake would be up to the finding of buyer only, then he should be compensated by Norm with the <span>agreed amount even if he refuses to sell the house. But if the agreement is that </span>Jake<span> would receive compensation if the house will be sold, he cannot compel norm to give him compensation.</span>
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If they expect prices to fall in the future, they would be willing to shift demand into the future and reduce demand now.

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Answer:

C

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