Question 1:
A safety clause is found in a:
Selection:
A. Deposit receipt
B. Lease
C. Loan broker’s statement
D. Listing agreement
Question 2:
A contract between the seller of real property and a licensee, in which the seller agrees to pay the licensee a commission if he produces a ready, willing, and able buyer and the licensee agrees to use due diligence in procuring the buyer, is called:
Selection:
A. A bilateral executory contract.
B. A unilateral executory contract.
C. A bilateral executed contract.
D. A unilateral executed contract.
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