Brokers act as agents for (assume one transaction):Multiple choice question.only sellersbuyer or sellersonly buyersbuyer and sellers
Question
Brokers act as agents for (assume one transaction):Multiple choice question.only sellersbuyer or sellersonly buyersbuyer and sellers
Solution
Brokers act as agents for both buyers and sellers. They facilitate transactions between these two parties. Therefore, the correct answer is "buyer and sellers".
Similar Questions
What are agents, brokers, wholesalers, and retailers commonly referred to as?Multiple Choicechannel brokersintermediariesmiddlemenactuariesminutemen
An investment dealer acts as an agent when the corporation is ______.Multiple choice question.hiring its management teamselling its shares to the publicselling its shares to a private entityevaluating an acquisition
Why is it likely that real estate agents keep their own houses on the market longer than they do for other sellers?Group of answer choicesThe dollar value of the commission received when selling other people’s house received is always constantIncentives are stronger when selling the agent’s own houseOther sellers do not appreciate the effort real estate agents put inThe chances of finding a buyer for the agent’s own house is much higher than it is for another seller’s house
If a seller sues a buyer for the contract price of ordered goods, the seller _____.Multiple choice question.cannot resell the goods to anyone else other than the buyermust discredit the buyer for the proceeds of the salecannot hold the goods for the buyermust turn the goods over to the buyer if the buyer pays for them
Multiple Choice QuestionA(n) _____ buys goods in one country and sells them to buyers in another country.Multiple choice question.contract manufacturerlicensing agenttrading companyexport agent
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.