An agent sold a property where the owner had verbally agreed to pay a commission. the agent would be legally entitled to a commission from the owner for the sale if the agent had:___.

Respuesta :

The agent would be legally entitled to a commission from the owner for the sale if the agent had not relied on the verbal promises, not made a written memorandum of the agreement signed by the agent, not obtained a valid buyer listing agreement.

What is an agreement?

  • An agreement is a sign of two or more people's consent to one another.
  • It occurs through an offer and an acceptance and represents a coming together of the minds with a shared goal. Words, behaviour, and in certain circumstances even silence can all be used to demonstrate an agreement.
  • Contracts and agreements are frequently related, however the term "agreement" generally has a broader definition than that of "contract," "deal," or "promise."

A contract is a type of agreement that needs extra components, such consideration. Different jurisdictions have different definitions of "agreement" as a term for a legally binding contract.

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