SOMEON EKIND HELLLLLP MW I AM SO CONFUSED I JUST NEED THE R

SOMEON EKIND HELLLLLP MW . I AM SO CONFUSED. I JUST NEED THE RIGHT ANSWER

Case Study Jim Smith is a newly registered salesperson working for ABC Realty Inc. He is at a listing appointment with Charlotte Moore, who wants to sell her property at 64 Gladstone Avenue and buy a larger property just outside of Anytown. Answer the following two questions related to this case study Charlotte signs the Listing Agreement and then mentions that her sister is thinking of buying a property at an auction. She asks Jim if he could advise her as to what sort of things her sister needs t registering her interest in the property. 41 o consider before In response, Jim makes the following statements: i. A buyer, who intends to bid on a property at a minimum bid auction should arrange financing with their lender prior to the auction. If it was an absolute auction, this wouldn\'t be necessary to do in advance.\" ii. \"A buyer at an auction by confirmation does not have to complete the purchase if, after the auction, the buyer obtains an unsatisfactory home inspection report \"A buyer should always have a lawyer complete both title and non tite searches prior to the auction, no matter what type of auction is being held.\" ili. iv. \"The only type of auction where the seller must sell to the highest bidder is the absolute auction.\" Which of the above statements made by Jim about auctions are correct? a Only the statements in ii.,ili. and iv. are correct. b Only the statements in i., ii. and ii are correct. c Only the statements in ii. and iv. are correct. d Only the statements in i. and ili. are correct.

Solution

Que 1

Answer should be

C. only statements in III and IV are correct

Because that higher bidding auction will give Charlotte’s sister more benefit and she should have lawyer there to make everything legally approved.