Bob Broker represents Mary Buyer. Mary wants to make an offer on a house that is 25% lower than the asking price. Bob writes the offer but is too embarrassed to submit it. Instead, Bob terminates the relationship with Mary. Has Bob acted properly?

a. No, Bob should have submitted the offer.

b. Yes, Bob is not obligated to submit an offer he thinks is too low.

c. No, Bob cannot terminate the relationship with Mary.

d. Yes, Bob was acting in good faith.

Question

Ean Serrano

Business

18 May, 11:33

Bob Broker represents Mary Buyer. Mary wants to make an offer on a house that is 25% lower than the asking price. Bob writes the offer but is too embarrassed to submit it. Instead, Bob terminates the relationship with Mary. Has Bob acted properly?

a. No, Bob should have submitted the offer.

b. Yes, Bob is not obligated to submit an offer he thinks is too low.

c. No, Bob cannot terminate the relationship with Mary.

d. Yes, Bob was acting in good faith.

+5

Answers (1)

Know the Answer?

Evie Mooney · Answer 1

The correct answer is A

Explanation:

When someone represent someone else, then that person is responsible for the actions taken by him and it is the responsibility of that person to fulfill his or her obligations in correct or right way.

Under this situation, Bob (B) represents the Mary (M) and M would like to make an offer for the house, so B is responsible to write the offer and submit it. But B unable to fulfill the responsibility and terminates the relationship with M.

Therefore, No, B has not acted or behaved properly and also should have submitted the offer.