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Salesperson Sue has just completed a purchase and sale agreement with Bob, her client, in order to make an offer on a house. The agreement includes a good faith deposit of $5,000 in the form of a check,
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Salesperson Sue has just completed a purchase and sale agreement with Bob, her client, in order to make an offer on a house. The agreement includes a good faith deposit of $5,000 in the form of a check, which Bob has given to Sue. Absent any specific instructions, what should Sue do with Bob's check?

User ThMBc
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1 Answer

1 vote

Answer:

Sue should turn it over the to her broker

Step-by-step explanation:

The agreement between Salesperson Sue customer Bob included a good faith deposit of $5,000 in the form of a check, which Bob has given to Sue. Absent any specific instructions, Sue should turn it over the to her broker should Sue do with Bob's check.

User MrLeblond
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