Question

Broker Sam holds an oral listing on Carls home. Carl accepts a bona fide offer from a buyer and demands that the deposit check be turned over to Seller Carl. The agent must:

Answer 1

A seller of goods can reassure a possible buyer facing imperfect information by providing detailed product descriptions, warranties or guarantees, and testimonials from satisfied customers.

Step-by-step explanation:

A seller of goods can reassure a possible buyer who is faced with imperfect information in several ways:

1. Providing detailed product descriptions and specifications to give the buyer a clear understanding of the product's features and qualities.
2. Offering warranties or guarantees that provide assurance to the buyer in case of any problems or defects.
3. Providing testimonials or customer reviews that showcase positive experiences and satisfaction with the product.