Practice Of Real EstateLicense LawMEDIUM
Which North Carolina label best fits this description about compensation authorization, disclosure, and limits? Match the description to the correct term. Description: The North Carolina principle that broker commissions are not fixed by law and must be negotiated.
Correct Answer
D) Commissions are negotiable
Commissions are negotiable
Answer Options
A
Mandatory MLS splitB
Statutory commission scheduleC
Uniform county rateD
Commissions are negotiableWhy This Is the Correct Answer
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Related Topics & Key Terms
Key Terms:
commission negotiabilityantitrustSherman Antitrust Actbrokerage compensationprice-fixing prohibition
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