Question

Broker Billy secured a written listing from a large company which owned an unused warehouse. Billy later entered into a verbal agreement to share his commission with cooperating broker, Cynthia. The cooperating broker procured a buyer, but later Billy refused to split the commission at closing. Cynthia could
a. sue to recover her share.
b. not sue because this was only a verbal agreement.
c. ask the real estate commission to arbitrate.
d. forbid her sales agents from ever working with Billy's agents in the future.

Answer

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